Keeping in view India’s vision of becoming ‘Atmanirbhar’ and to enhance India’s Manufacturing Capabilities and Exports, an outlay of INR 1.97 lakh crore has been announced in Union Budget 2021-22 for PLI schemes for 13 key sectors for a period of 5 years starting from fiscal year (FY) 2021- 22. These 13 sectors includes already existing 3 sectors named (i) ...

Make in India is an initiative which was launched on September 25, 2014, to facilitate investment, foster innovation, building best in class infrastructure, and making India a hub for manufacturing, design, and innovation. The development of a robust manufacturing sector continues to be a key priority of the Indian Government. It was one of the first ‘Vocal for Local’ initiatives ...

Considering the cross-cutting nature of e-Commerce, different laws and regulations across sectors govern the present e-Commerce activities, some of which are; Consumer Protection Act, 2019, Finance Act 2020, Information Technology Act, 2000, Foreign Exchange Management Act, 2000 and Competition Act, 2002. In terms of providing a regulatory framework, the Competition Act, 2002, provides for preventing practices, which may have an ...

The Government introduced a comprehensive Agriculture Export Policy in December 2018, with the following objectives: To diversify our export basket, destinations and boost high value and value added agricultural exports, including focus on perishables. To promote novel, indigenous, organic, ethnic, traditional and non-traditional Agri products exports. To provide an institutional mechanism for pursuing market access, tackling barriers and dealing with ...

A number of schemes have been launched for supporting traders. Details of Schemes for supporting Traders are given as under: 1. National Pension Scheme for Traders, Shopkeepers and Self-Employed Persons Ministry of Labour & Employment has launched “National Pension Scheme for Traders, Shopkeepers and Self-Employed Persons” on 12.09.2019. It is a voluntary and contributory pension scheme. Enrolment to the scheme is ...

The Government of India is making continuous efforts under InvestmentFacilitationfor implementation of Make in India action plans to identify potential investors. Support is being provided to Indian Missions abroad and State Governments for organising events, summits, road-shows and other promotional activities to attract investment in the country under the Make in India banner. Investment Outreach activities are being carried out ...

India’s exports during the last three years are as under: Year Exports (Merchandise +Services) (USD Billion) Growth (%) 2017-18 498.61 13.31 2018-19 538.08 7.91 2019-20 526.55 -2.14 Source: DGCI&S& RBI Eexport targets are set for Special Economic Zones (SEZs)/Export Oriented Units (EOUs). The SEZ units/EOU units are under obligation to achieve positive Net Foreign Exchange (NFE) earning to be calculated ...

Government of India has issued the Public Procurement (Preference to Make in India) Order,2017 as amended on 16/09/2020 to encourage “Make in India” and promote manufacturing and production of goods and services in India with a view to enhancing income and employment. This Order is applicable to all Ministries, Departments, attached or subordinate offices and autonomous bodies controlled by the ...

Ministry of Coal has started Commercial Auction of coal mines on revenue share basis. In order to arrive at the revenue share based on market prices of coal, one National Coal Index (NCI) was conceptualized. The NCI is a price index which reflects the change of price level of coal on a particular month relative to the fixed base year. ...

The Total number of hospitals and dispensaries, including Dispensary cum Branch Office (DCBO), run directly by the Employees’ State Insurance Corporation (ESIC) across the country, are 49 and 92 respectively.  The list of the number of ESI beneficiaries state wise including the state of Punjab is given below: The ESI Corporation has decided to provide access to non-insured persons/ common ...