In order to redress investors ‘grievances, action has been initiated against 95 companies in 2016-17, 101 companies in 2017-18 and 75 companies in 2018-19 under various provisions of the Companies Act. This was stated by the Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman in a written reply to a question in Lok Sabha Citing rules, Smt. Sitharaman ...

Under MUDRA Yojana, 15.56 crore loans have been disbursed amounting to Rs. 7,23,000 crore. While presenting the Interim Budget 2019-20 in Parliament today, the Union Minister for Finance, Corporate Affairs, Railways and Coal, Shri Piyush Goyal said that India is amongst the most youthful nations in the world. Through Pradhan Mantri Kaushal Vikas Yojana, over 1 crore youth are being ...

Individual taxpayers having taxable annual income up to  Rs.5 lakhs will get full tax rebate and therefore will not be required to pay any income tax.  While presenting the Interim Budget 2019-20 in Parliament today the Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal said “Because of major tax reforms undertaken by us during last four ...

 The restructured National Bamboo Mission (NBM) was approved in April, 2018 for implementation till the end of 14th Finance Commission i.e. 2019-20. The scheme aims to  inter-alia supplement farm income of farmers with focus on the development of complete value chain of bamboo sector linking growers with industry. The scheme is being implemented in non-forest Government land, farmers field in States ...

The supply of natural gas in the country along with the quantum of LNG imported during the last three years and the current year is as follows: (MMSCM) Natural Gas 2015-16 2016-17 2017-18) 2018-19 (P) (April-Oct 2018)   Net availability of domestic gas   31129 30848 31731 18586 LNG import   21388 24686 26328 16468 Total consumption   52517 55534 ...

Annual procurement of goods & services from Micro, Small and Medium Enterprises (MSME) by the Central Public Sector Enterprise (CPSE) during 2017-18 stands at Rs. 24226.51 crore in which the share of procurement from MSEs owned by SC/ST Entrepreneur is Rs. 442.52 crore. The details of annual procurement by the CPSEs during the last four years, as per information provided ...

The concept of Agri Export Zone (AEZ) was introduced in 2001, through EXIM Policy 1997-2001, to take a comprehensive look at a particular produce/product located in a contiguous area for the purpose of developing and sourcing the raw materials, their processing/packaging, leading to final exports. The concept hinged primarily on convergence of existing Central and State Government schemes to take ...

The demand of spices from India has increased by an annual growth of 5%. The export of spices from India has also increased. The details of spices exported from India during last 3 years are given below:   Year Quantity of spices exported from India ( in tonnes) Value (Rs in lakhs) 2015-16 8,43,255 1623823 2016-17 9,47,790 1766461 2017-18 10,28,060 ...

The wind power projects in the country are installed on the basis of commercial viability through tariff based competitive bidding process. As on date, the bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalised through Solar Energy Corporation of India Ltd. (SECI) and National Thermal Power Corporation Ltd. (NTPC), as detailed in Annexure-II. Besides, ...

The Public Enterprises Survey 2017-18 on the performance of Central Public Sector Enterprises, brought out by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises, was tabled in both the Houses of Parliament today. There were 339 Central Public Sector Enterprises (CPSE) in 2017-18, out of which 257 were in operation. Remaining 82 of the CPSEs were ...