India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally. The optimistic growth forecasts stem from a number of positives like the rebound of private consumption given a boost to production activity, higher Capital Expenditure (Capex), near-universal vaccination coverage enabling people to spend ...
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Data on Employment in MSMEs
As per Udyam registration portal, the number of persons employed in the MSMEs which are incorporated during last 5 years are as follows: Year Number of persons employed 2017-18 7770469 2018-19 6010653 2019-20 6622941 2020-21 11297690 2021-22 13118896 As per Udyam registration portal, the number of MSMEs which are incorporated during last 5 years are as follows: ...
Read More »Contribution of MSMEs and Cottage Industry to GDP
As per the information received from Ministry of Statistics and Programme Implementation, the share of MSME Gross Value Added (GVA) in all India Gross Domestic Product (GDP) is as follows: Year 2018-19 2019-20 2020-21 Share of MSME GVA in All India GDP (%) 30.50 30.50 26.83 As per the information received from Directorate General of Commercial Intelligence & Statistics, the ...
Read More »Details of Fund Collected Under District Mineral Foundation by Different States
The Central Government under Section 20A of the MMDR Act has issued directions and circulated guidelines for Pradhan Mantri Khanij Kshetra Kalyan Yojna (PMKKKY) on 16.09.2015 to be implemented by the District Mineral Foundations (DMF) for taking up development and welfare projects/programs in mining affected areas. Further, Section 9B and Section 15(4) of MMDR Act empowers State Governments to frame ...
Read More »Plastic Recycling Targets
Unmanaged and littered plastic waste including plastic packaging waste has adverse impacts on terrestrial and aquatic ecosystems. The Ministry of Environment, Forest and Climate Change has notified the guidelines on Extended Producer Responsibility for plastic packaging under Plastic Waste Management Rules, 2016, in the Gazette of India on 16th February 2022. As per guidelines, plastic packaging has been covered under ...
Read More »New Airports Constructed and Upgraded
The Government has accorded ‘In-principle approval’ for setting up of 21 Greenfield Airports across the country. So far nine (9) Greenfield airports have already been operationalized and tenth Greenfield airport at MoPA, Goa has been inaugurated on 11.12.2022. Since the year 2018, seven (7) Greenfield airports namely Pakyong (Sikkim), Kannur (Kerela), Kalaburagi (Karnataka), Sindhudurg (Maharashtra), Kushinagar (Uttar Pradesh), Orvakal (Andhra ...
Read More »25 Airports Authority of India airports have been earmarked for leasing over the years 2022 to 2025.
As per National Monetization Pipeline (NMP), 25 Airports Authority of India (AAI) airports namely Bhubaneshwar, Varanasi, Amritsar, Trichy, Indore, Raipur, Calicut, Coimbatore, Nagpur, Patna, Madurai, Surat, Ranchi, Jodhpur, Chennai, Vijayawada, Vadodara, Bhopal, Tirupati, Hubli, Imphal, Agartala, Udaipur, Dehradun and Rajahmundry have been earmarked for leasing over the years 2022 to 2025. AAI has leased out eight of its airports under ...
Read More »Policy for Promotion of Software Exports
As per National Association of Software & Services Companies (NASSCOM), exports from Indian Information Technology/ Business Process Management (IT/ BPM) sector over the last three years are as under: S. No. Financial Year (FY) Exports (in USD Billion) 1. 2019-20 149 2. 2020-21 152 3. 2021-2022(E) 178 The contribution of different states to software exports by Software Technology Parks ...
Read More »Measures taken by Government to boost exports
The Government has taken the following measures to boost exports and reduce trade deficit: Foreign Trade Policy (2015-20) extended upto 31-03-2023. Interest Equalization Scheme on pre and post shipment rupee export credit has also been extended upto 31-03-2024. Assistance provided through several schemes to promote exports, namely, Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI) Scheme. Rebate ...
Read More »Import of Food grains and Value-Added Food Products
Import as well as export of agri commodities including food-grains & value-added food products etc. are not carried out by the Central Government on its own account. Import/export of agri commodities is primarily undertaken by private entrepreneurs as per their commercial prudence, inter-alia, taking into account domestic demand/requirement. The details of import of food-grains and value-added food products like packed ...
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