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, ...
Read More »Parliament
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, ...
Read More »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 ...
Read More »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 ...
Read More »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$ ...
Read More »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 ...
Read More »Nuclear Energy Production
Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh saidnuclear energy is an important component of the country’s energy mix and is being pursued along with other sources of energy in an optimal manner. In a written reply to a question in the Lok ...
Read More »Preliminary survey shows deposits of Lithium in Mandya district of Karnataka
The Government today said that preliminary surveys on surface and limited subsurface by Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of Department of Atomic Energy have shown presence of Lithium resources of 1,600 tonnes (inferred category) in the pegmatites of Marlagalla – Allapatna area, Mandya district, Karnataka. Lithium is a key element for new technologies and ...
Read More »Space Activities in India
Government today said that ISRO has got a structured technology transfer mechanism to transfer the identified technologies developed by ISRO for spin-off and other commercial applications on non-exclusive basis. In a written reply to a question in the Lok Sabha, Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy ...
Read More »Parliament passes three Labour Codes to pave way for enactment of historic “Game changer” Labour Laws
The Rajya Sabha in its sitting today passed three labour codes namely, Industrial Relations Code, 2020 (ii) Code on Occupational Safety, Health & Working Conditions Code, 2020 & (iii) Social Security Code, 2020. With this, the decks for enactment of these codes have been cleared as Lok Sabha had passed these Bills yesterday. Speaking during the discussions on the bills, ...
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Indian Industry Plus A Pratisrutiplus Suppliment