In order to meet the challenges presented by this unprecedented growth in air traffic, the Airports Authority of India is undertaking development of infrastructure at the airports, depending upon the commercial viability, traffic demand, availability of land etc. Further, in order to boost the growth in the aviation sector, AAI and other private airport operators have taken up the development ...

Ministry of Railways has launched ‘One Station One Product’ (OSOP) scheme over Indian Railways with objectives to promote ‘Vocal for Local’ vision of the Government of India, provide a market for local/indigenous products and create additional income opportunities for the marginalised sections of society. Under the scheme, OSOP outlets at railway stations are allotted for showcasing, selling and giving high ...

Steel Authority of India Limited (SAIL) posted its financial performance for the first quarter of the current financial year 2022-23 (Q1 FY 23). The company saw a growth of 16.4% in its revenue from operations in Q1 FY23 over corresponding period last year. SAIL also recorded the best ever Q1 production.     Performance of Q1 FY 23 at a ...

NLDSL-NICDC Logistics Data Bank’s LDB Project has achieved a milestone of handling 50 million EXIM containers since its inception six years ago. Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal congratulated the entire team of NLDSL for achieving the milestone. Sh. Amrit Lal Meena, Chairman NLDSL, said that NLDSL is striving ...

The share of exports of goods and services in GDP has increased from 18.7% in 2020-21 to 21.4% in 2021-22. The details of exports of goods and services and Gross Domestic Product (GDP) at current prices, and percentage share of India’s exports in GDP for the last five financial years (latest available data) are as follows:   S.No. Year India’s ...

Indian Railways has for the first time ever breached the 1400 MT Freight Loading mark in this Financial Year. The Originating Freight Loading of Indian Railways for the FY 2021-22 stood at 1418.1 MT (provisional) which is 15% more than the previous best set in FY 2020-21 at 1233.2 MT. The incremental loading of ~ 185 MT has been led ...

Pradhan Mantri Fasal Bima Yojana (PMFBY) is a voluntary Scheme.  The premium under the scheme is determined through biding however, farmers have to pay maximum 2% for Kharif, 1.5% for Rabi food and oilseed crops and 5% for commercial/horticultural crops and the balance of actuarial/bidded premium is shared by the Central and State Government on 50:50 basis and 90:10 in ...

The details of State-wise number of beneficiaries who have submitted applications under the PM Formalisation of Micro Food Processing Enterprises (PMFME) scheme since its launch are at Annexure-I. Data on percentage of beneficiaries in rural and urban areas is not maintained separately under the Scheme. 876 micro-food processing individuals have been trained in 13 States/UTs through 34 Food Processing and Entrepreneurship ...

The Competition Commission of India (CCI) issued a final order yesterday against certain companies manufacturing paper from agricultural waste and recycled wastepaper as well as an association, which were found to have contravened the provisions of Section 3(1) of the Competition Act, 2002 (Act), read with Section 3(3)(a) thereof, which proscribe anti-competitive agreements. The case was initiated suo motu by the Commission on the ...

Union Minister for Health and Family Welfare and Chemicals & Fertilizers Shri Mansukh Mandaviya today presented the ICC (Indian Chemical Council) Annual Awards for the year 2020 in a virtual ceremony. He also launched the latest Edition of the Members Directory. This edition of the Directory contains detailed information of all the members of the council. Congratulating the recipients of ...