The scheme Mission Solar Charkha is enterprise driven scheme and envisages setting up of ‘Solar Charkha Clusters’ which will have 200 to 2042 beneficiaries (Spinners, Weavers, Stitchers and other skilled artisans). Each spinner will be given two charkhas of 10 spindles each. As part of the scheme no subsidy is given, however subsidy to the tune of Rs.9.60 crore is ...
Read More »Parliament
Public Enterprises Survey 2018-19 Tabled in Parliament
Total Paid up Capital in all CPSES as on 31.3.2019 Stood at Rs. 2,75,697 Crore Registering a Growth of 8.55% Financial Investment in all CPSES Stood at rs.16,40,628 Crore Recording a Growth of 14.65% The Public Enterprises Survey -2018-19 was tabled in both the Houses of Parliament today. The Department of Public Enterprises (DPE), Ministry of Heavy Industries & Public ...
Read More »Rising Demand of Oil
As per World Energy Outlook 2019 published by International Energy Agency, India’s oil demand in total primary energy is projected to increase from 233 Million tonne of oil equivalent (Mtoe) in 2018 to 305 Mtoe in 2025, whereas China’s oil demand is projected to increase from 593 Mtoe in 2018 to 672 Mtoe in 2025. Government has taken several steps ...
Read More »Coal stocks at power plants increase by 77% to 34.25 MT: Pralhad Joshi
Coal stocks at power plants peaked to 34.25 million tonnes on January 26, equivalent to 19 days’ consumption, and up by 77% as against 19.36 million tonnes, equivalent to 12 days’ consumption at the same time last year. “Thrust has been also given to augment coal supplies to non-power sector by holding regular auction for coal linkages where the consumers ...
Read More »73.47 Lakh Candidates Trained Under Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
Under the Skill India Mission, Ministry of Skill Development and Entrepreneurship is implementing a flagship scheme called the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 2016-20 with an objective to provide skilling to one crore youth under Short Term Training (STT) courses and Recognition of Prior Learning (RPL) across the country in a four years period i.e. 2016-2020. Under PMKVY (2016-20), ...
Read More »977 Steel Plants in the country
The total number of steel plants in the country is 977. In the public sector, work is currently going on in NMDC Steel Plant in Nagarnar, Chhattisgarh which is a Greenfield steel plant. Steel is a deregulated sector where market forces and commercial considerations decide construction of new steel plants. The import of steel has increased marginally in the last ...
Read More »Trade with BRICS Nations
The percentage share of Intra BRICS trade to its global trade is 10.61% (2017). The details of intra BRICS trade is at Annex-I Table 1. The country-wise details of India’s trade with BRICS nations for the last five years including current year is at Annex –I Table 2. The percentage share of India’s intra BRICS trade to its global trade ...
Read More »Government mops up Rs. 203221 crore revenue from Coal India Limited since FY 2013-14: Shri Pralhad Joshi
The Government has collected Rs. 203221.12 crore in revenue from Coal India Limited (CIL) in the last six years beginning from financial year 2013-14 up to the last fiscal 2018-19, Union Coal Minister Shri Pralhad Joshi informed the Parliament . Of the total revenue received, the maximum of Rs. 44826.43 crore was mopped up in 2018-19. In 2017-18, the revenue ...
Read More »MSMEs contribute 29.7% of GDP and 49.66% of Indian exports
MSMEs contribute 29.7% of GDP and 49.66% of Indian Exports. Government has taken various initiatives to enhance the competitiveness of Micro, Small and Medium Enterprises (MSMEs) through schemes such as Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS), Micro and Small Enterprises – Cluster Development Programme, Procurement and Marketing Support and support for MSMEs to participate in international exhibitions ...
Read More »EPF amount in public limited companies
Employees’ Provident Fund Organization (EPFO) is investing in Exchange Traded Funds (ETFs) based on Nifty 50, Sensex, Central Public Sector Enterprises (CPSEs) and Bharat 22 Indices. EPFO does not invest in shares and equities of individual companies. The total amount invested by EPFO in ETFs as on September, 2019 is Rs. 86,966 crore. The Central Board of Trustees (CBT), Employees’ ...
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