Spices Board has established eight crop specific Spices Parks across the country, the Minister of State for Commerce and Industry, Smt. Anupriya Patel said in reply to a parliamentary question today. The details of spices parks are as below: Name of the Spices Park State Spices covered Chhindwara Madhya Pradesh Garlic and Chilli Guna Madhya Pradesh Coriander Guntur Andhra Pradesh ...

The Government has taken several proactive steps to promote the GI tagged products in the global market, the Minister of State for Commerce and Industry, Shri Som Parkash said in reply to a parliamentary question today. The Directorate General of foreign Trade (DGFT) is the agency of the Ministry of Commerce and Industry of the Government of India, responsible for ...

Centre has formulated ‘Action Plan for Champion Sectors in Services’ to give focused attention to 12 identified Champion Services Sectors, namely, Information Technology & Information Technology enabled Services, Tourism & Hospitality Services, Medical Value Travel, Transport & Logistics Services, Accounting and Finance Services, Audio Visual Services, Legal Services, Communication Services, Construction and Related Engineering Services, Environmental Services, Financial Services and ...

The Startup India Seed Fund Scheme (SISFS), a flagship scheme under Startup India initiative has been implemented with effect from 1st April 2021. Under the Scheme, Rs. 477.25 crore has been approved to 133 incubators of which Rs. 211.63 crore has been disbursed as on 31st December 2022, Minister of State for Commerce and Industry, Shri Som Parkash said in ...

Union Budget 2023-24 has a slew of measures to give boost to exports and help accelerated growth of manufacturing in the country.  The indirect tax simplification and rationalization has a clear export-oriented focus. Following are highlights for export and manufacturing Sector: The Department of Commerce’s recommendation on lab grown diamond (LGD) has been accepted whereby the research grant of Rs. ...

Investments in infrastructure and Productive capacity have a large multiplier impact on growth and employment” said the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in Parliament today while presenting the Union Budget 2023-24. Capital Investment as a driver of growth and jobs To ramp the virtuous cycle of Investment and job creation the budget took lead again by ...

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 ...

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:   ...

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 ...

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 ...