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Integrated Scheme for Development of Silk Industry

The Govt. of India through Central Silk Board has been implementing a Central Sector Scheme “Silk Samagra” an Integrated Scheme for Development of Silk Industry (ISDSI) during the years 2017-18 to 2020-21 for the overall development of Silk industry in the Country with an aim & objective to scale up production by improving the quality and productivity and to empower ...

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CCI approves acquisition of 51% of the equity share capital of NESCO Utility by Tata Power Company Limited from Grid Corporation of Odisha Limited

The Competition Commission of India (CCI) approves acquisition of 51% of the equity share capital of North Eastern Electricity Supply Company of Odisha (“NESCO Utility”) by The Tata Power Company Limited  (“TPCL”) from Grid Corporation of Odisha Limited (“GRIDCO”) under Section 31(1) of the Competition Act, 2002, on 18th March 2021. The proposed combination relates to the acquisition of 51% ...

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Promotion of Startups

Startup India is a flagship initiative of the Government of India launched on 16th January 2016. The initiative aims at fostering entrepreneurship and promoting innovation by creating an ecosystem that is conducive to growth of Startups. Since the launch of Startup India initiative, a total of 44,766 Startups have been recognized by DPIIT as on 14th March 2021.  States/UTs wise ...

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Exports from the Manufacturing Sector

Major commodity-group wise data on merchandise exports in last five years is at Annexure. The Government has taken the following key steps to boost exports: The mid-term review of the current Foreign Trade Policy (2015-20) was carried out in December 2017. Foreign Trade Policy (2015-20) extended by one year i.e. upto 31-3-2021 due to the COVID-19 pandemic situation. Interest Equalization Scheme ...

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324 companies filed for bankruptcy between 2018 to 2020

As per data provided by the National Company Law Tribunal (NCLT), 149 in the year 2018, 103 in the year 2019 and 72 in the year 2020 making a total of 324 companies which have filed for bankruptcy during the aforesaid three years period. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, ...

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Agro Processing Clusters and Mega Food Parks in the country

Ministry of Food Processing Industries (MoFPI) has been implementing the Scheme for Creation of Infrastructure for Agro Processing Clusters (APC) under the Umbrella Scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) to incentivize  setting up of agro processing clusters in the country. Under the Scheme, processing/preservation infrastructure like cold storage, pre-cooling chambers, ripening chambers, IQF, specialized packaging, Food testing laboratory, cleaning/ ...

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Demand of Domestic Petroleum Products

During April-January, 2020-21, Crude oil processing is 182.2 MMT i.e. 73% of total crude oil processing capacity (249.87 MMT).During 2020-21, the capacity utilisation of Indian refineries are lower due to lower demand on account of Covid-19 pandemic. The policy initiatives taken by the Government to reduce import dependency and increase domestic production of oil and gas include: – Policy for ...

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Setting up of New CNG Pumps

Petroleum & Natural Gas Regulatory Board (PNGRB) is the authority to grant authorization to the entities to lay, build, operate or expand for the development of City Gas Distribution (CGD) or local natural gas distribution network in Geographical Areas (GAs) as per PNGRB Act, 2006.The Minimum Work Programme (MWP) as per the authorization to CGD entities entail establishment of 8181 ...

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National Steel Policy

National Steel Policy enshrines the long term vision of the government to give impetus to the steel sector.  The policy envisages to create a technologically advanced and globally competitive steel industry that promotes self-sufficiency in steel production as well as economic growth. Steel being a de-regulated sector, government acts a facilitator, by creating enabling environment for development of steel sector.  ...

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Index Numbers of Wholesale Price in India for the month of February, 2021

The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing index numbers of wholesale price in India for the month of February, 2021 (Provisional) and for the month of December, 2020 (Final) in this press release. Provisional figures of Wholesale Price Index (WPI) are released on 14th of every month (or next working day) ...

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