Budgetary allocation of funds is not made State-wise. However, indicative physical targets are allotted to States and funds are released to various Implementing Agencies based on viable proposals received and utilisation of previously released funds. The Government of India, Ministry of Textiles is implementing following schemes for promotion & development of handlooms and welfare of handloom weavers across the country: ...
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Cargo Transport on National Waterways Rose from 6.59 Mt in 2014-15 to 72.31 in 2018-19
The Minister of State for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya,in written repliesto questions in Lok Sabha today,gave detailed information on the status of development of Inland Waterways in the country, and the growth of cargo transportation on these waterways: Shri Mansukh Mandaviya informed that thetransportation of cargo on National Waterways hasincreased from 2016-17 onwards, when new ...
Read More »Exchange Rates Notification No.52/2019-Custom (NT) dated 18.07.2019
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.48/2019-CUSTOMS (N.T.), dated 4th July, 2019 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines ...
Read More »Selected areas for SEZs
There were 7 Central Government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs prior to the enactment of the SEZ Act, 2005. In addition, 416 proposals for setting up of SEZs in the country have been accorded formal approval under the SEZ Act, 2005. Presently, 351 SEZs are notified, out of which 232 SEZs are operational. States/Union Territories-wise details ...
Read More »Petroleum Sector contributed Rs. 595,438 Crore to Exchequer in 2018-19
Prices of petrol and diesel have been made market-determined by the Government with effect from 26.06.2010 and 19.10.2014 respectively. Since then, the Public Sector Oil Marketing Companies (OMCs) take appropriate decision on pricing of petrol and diesel in line with international product prices and other market conditions. The total contribution to Central and State Exchequer from petroleum sector during the ...
Read More »Index Numbers of Wholesale Price in India (Base: 2011-12=100) Review for the month of June,2019
The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for the month of June,2019 rose by 0.2% to 121.5 (provisional) from 121.2 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 2.02% (provisional) for the month of June,2019 (over June,2018) as compared to 2.45% (provisional) for the previous month and 5.68% ...
Read More »Chemical Industrial cluster spurred by ICT Bhubaneswar to increase depth of industrialization in the State
The Executive M. Tech Programme in Process Engineering was inaugurated at the Institute of Chemical Technology (ICT,) Bhubaneswar campus . Gracing the occasion as the chief guest, Dr. Tapan Kumar Chand, Chairman-cum-Managing Director of aluminium major – National Aluminium Company Limited (NALCO), greeted and motivated the first batch of Industry Executives by addressing them as the first movers in Industry-Academia ...
Read More »Impact of GST on Apparel Sector
GST rates for garments and made up articles is 5% of sale value not exceeding Rs. 1000 per piece and 12% for articles of sale value exceeding Rs. 1000 per piece. The GST rates are lesser than the pre-GST incidence of taxes on these goods. To reduce the cost of garment industry, GST rate on manmade fibre yarns has been ...
Read More »Employment in Textile Industry
As per the latest available Annual Survey of Industries, employment in the Textiles and Wearing Apparel were 25.27 lakh in 2014-15, 26.48 lakh in 2015-16 and 26.97 lakh in 2016-17. Government has been implementing various schemes for welfare and development of textile workers/weavers including handicraft artisans.Under the group insurance scheme for powerloom workers, insurance cover is provided to all powerloom ...
Read More »Cargo transportation on waterways rose from 55.2 mt in 2016 to 72.31 mt in 2018-19
The Minister of State for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya in a written reply to a question in Lok Sabha today informed that 111 National Waterways are being developed in phased manner for the purpose of shipping and navigation. The Minister informed that cargo transportation on waterways rose to 72.31 Million Tonnes in the year 2018-19, ...
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