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Compressed Biogas Plants

Government of India has launched Sustainable Alternative Towards Affordable Transportation (SATAT) initiative on 1.10.2018 to promote Compressed Bio Gas (CBG) as an alternative, green transport fuel for efficient management of biomass and organic waste includingmunicipal waste as well as from forest and agricultural waste including animal-husbandry and marine waste. This initiative envisages establishment of large number of CBG plants by ...

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Imports of Petroleum/Natural Gas

The share of crude oil imports and domestic crude oil production in the total crude oil processing/annual consumption of crude in the country during the last three years and current year are given below:-     (Quantity in Million Metric Tons (MMT) Particulars 2017-18 2018-19 2019-20 2020-21 (Apr-Dec)(P) Quantity of crude oil imports (MMT)-A 220.4 226.5 227.0 143.2 Quantity of domestic ...

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Demand and Production of Steel

The announcements in Budget for the Financial Year, 2021-22 viz. Capex allotment of  Rs. 1,07,100 crore for Railways, 2.87 lakh crore outlay for Jal Jeevan Mission, Construction of roads under Bharatmala Pariyojana project, Swachh Bharat Mission 2.0, Scheme for Mega Textile Parks etc. will lead to increased demand for steel in the country. The Vision for Atmanirbhar Bharat and the ...

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Introduction of New Trains

To facilitate passengers, Indian Railways, during the period 2018-19 & 2019-20, has introduced new services, as detailed below:- Year Trains introduced ( in single) 2018-19 266 2019-20 153 It is a continual endeavour of Indian Railways (IR) to upgrade train services and to provide improved facilities to the passengers. To this end, Indian Railways have introduced premium services like Vande ...

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Policy to boost Agricultural Exports

The Government introduced a comprehensive Agriculture Export Policy with the following vision: “Harness export potential of Indian agriculture, through suitable policy instruments, to make India a global power in agriculture, and raise farmers’ income.” Inter-alia, the objectives of the Agriculture Export policy are as under: To diversify our export basket, destinations and boost high value and value added agricultural exports, ...

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Improvement in Ranking of States

The Department for Promotion of Industry and Internal Trade (DPIIT) has released the rankings of States and Union Territories (UTs) under State Reform Action Plan (SRAP), 2019 on 05.09.2020. The Action Plan included 187 reform points covering 12 business regulatory areas, viz., Access to Information & Transparency Enablers, Labour Regulation-Enablers, Construction Permit Enablers, Single Window System, Sector Specific, Inspection Enablers, ...

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MAKE IN INDIA 2.0

Make in India initiative was launched on September 25, 2014 with the objective of facilitating investment, fostering innovation, building best in class manufacturing infrastructure, making it easy to do business and enhancing skill development. The initiative is further aimed at creating a conducive environment for investment, modern and efficient infrastructure, opening up new sectors for foreign investment and forging a ...

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Growth Rate in Core Sectors

After a steep decline in March and April 2020, the overall growth rate of production of eight core industries started showing signs of recovery since May 2020.  The sector-wise and month-wise details of growth rate in the eight core industries since November 2019 are at Annex-I. The production of eight Core industries has been adversely affected by the Covid-19 pandemic ...

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Increase in Exports

The value of India’s overall exports (merchandise and services) during first eight months of the current financial year, April-November 2020, was US$ 304.53 billion as compared to US$ 351.83 billion during same period of the previous year, showing a negative growth of 13.45%. During this period, India’s overall exports were US$ 44.87 billion in September 2020 as compared to US$ ...

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India’s Trade Policy

India’s Trade Policy Review (TPR) has been carried out by the World Trade Organization (WTO) under the Trade Policy Review Mechanism, wherein the trade related policies of Member countries are reviewed at regular intervals by the WTO. India’s TPR meetings were held on 6th & 8th January 2021. USA and the EU have flaggedcertain trade related issues, including increase in ...

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