General

54 athletes to represent India at Tokyo Paralympics

54 Paralympics athletes to represent India and begin their journey for the medals at Tokyo Paralympics on 25th August; All 54 athletes are part of Target Olympic Podium Scheme (TOPS) ;This is the biggest-ever contingent India has sent to any Paralympics with 54 atheletes. […]

Agriculture & Commodities

Piyush Goyal Meets Export Community, sets target of $2 Trillion Exports By 2030

Union Commerce & Industry Minister Piyush Goyal Meets Export Community, Discusses Measures To Boost Exports; Minister Exhorts Exporters To Rise To The Ambitious Challenge Of $400 Billion Export Target For 2021-22.And Target $2 Trillion Exports By 2030; Commerce Minister says “We Can Sort Out Ftas Fairly Quickly, If The Areas Where We Have The Ability To Compete Internationally Can Be Identified. We are Working Towards Early Harvest Agreements With Uk And Australia” […]

Agriculture & Commodities

Surplus sugar finds export and ethanol markets

Sugar cane farmers get a big relief as Centre facilitates export of surplus sugar & diversion of sugar to ethanol to ensure timely payment of cane dues; Against the export target of 60 LMT, contracts of about 70 LMT have been signed, More than 60 LMT has been lifted from sugar mills as on 16.8.2021; Record value of sugarcane worth nearly Rs. 91000 crores purchased by sugar mills in 20-21. […]

Technology

Defence India Startup Challenge 5.0 launched

DISC 5.0 is a reflection of Government’s resolve to create a self-reliant defence sector
The challenge to take innovation, design & development to newer heights
iDEX playing a crucial role in building a strong military & ‘AatmaNirbhar’ defence industry
Government support to private sector in building ‘AatmaNirbhar Bharat’ […]

General

DRDO develops Advanced Chaff Technology for IAF

DRDO creates technology to safeguard fighter aircraft from hostile radar threats; Given to the industry for production in large quantities; Indian Air Force begins process of induction following completion of successful user trials; Raksha Mantri terms it another step of DRDO towards ‘AatmaNirbhar Bharat’ […]

Foreign Relations

New Exchange Rates w.e.f. 20th Aug 2021

The Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies into Indian currency with effect from 20th August, 2021 for the purpose of the said section, relating to imported and export goods. […]

Agriculture & Commodities

Cabinet approves implementation of National Mission on Edible Oils – Oil Palm

A new Centrally Sponsored Scheme with a special focus on the North east region and the Andaman and Nicobar Islands; A financial outlay of Rs.11,040 crore out of which Rs.8,844 crore is the share of Government of India; Focus on increasing area and productivity of oilseeds and Oil Palm […]

General

TRIFED adds 75 new tribal products to Tribes India catalogue

On the occasion of India’s 75 years of Independence, 75 new tribal products launched by TRIFED and added to the already extensive, attractive Tribes India catalogue.
TRIFED GI Movement, has also identified 75 products of Tribal origin or source which will be registered for Geographical Indication (GI) Tag under the Geographical Indications of Goods (Registration and Protection) Act, 1999, India.
The Tribal products for GI Tagging have been identified from twenty Indian states.
Out of 75 identified GI Tribal products, 37 such products belong to eight states of North East.
From Tribal heartland states, 7 products from Jharkhand and 6 products from Madhya Pradesh have also been identified for GI Tagging. […]

Foreign Relations

9th OSM Meeting held between India and Nepal

India and Nepal held the 9th meeting of the Oversight Mechanism (OSM) in Kathmandu. The meeting was co-chaired by H. E. Mr. Vinay Mohan Kwatra, Ambassador of India to Nepal and H.E. Mr. Bharat Raj Paudyal, Foreign Secretary, Government of Nepal. […]

Business

Government is committed to Support Startups: Piyush Goyal

Indian startup ecosystem has the potential & promise to make India the Innovation & Invention hub of the world: Shri Piyush Goyal; says that government is committed to cut red tape, improve “Ease of Doing Business” , provide financial assistance through Startup seed fund, supporting incubators, enhancing skills […]

General

Judiciary gets Rs. 9000 Cr for Infra works

Cabinet approves continuation of the Centrally Sponsored Scheme (CSS) for Development of Infrastructure Facilities for Judiciary for further five years; Total cost of Rs.9000 crore, out of which Central share will be Rs.5357 crore […]

Health Care

National AYUSH Mission to continue

The Union Cabinet has approved the continuationof National AYUSH Mission (NAM) as a Centrally Sponsored Scheme from 01-04-2021 to 31-03-2026 with financial implication of Rs. 4607.30 crore (Rs 3,000 crore as Central Share and Rs. 1607.30 crore as State Share). […]

Business

RoSCTL on Garment Exports and Made-ups extended

Government approves continuation of Rebate of State and Central taxes and Levies (RoSCTL) on Export of Apparel/ Garments and Made-ups; RoSCTL extended till 31st March 2024 at existing rates; Ensures a stable and predictable policy regime […]

Agriculture & Commodities

Atmanirbhar Fertilizers: A step towards reality

Union Minister for Chemicals and Fertilisers Shri Mansukh Mandaviya today reviewed the initiatives of Department of Fertilizers for Making India Aatmanirbhar in Fertlisers. Minister of State for Chemicals and Fertilizers Shri Bhagwanth Khuba was also present. […]

Finance

IFSCA to setup International Trade Finance Services

IFSCA has issued a framework for Setting up and operating International Trade Finance Services Platform (‘ITFS’) for providing Trade Finance Services at International Financial Services Centres (‘IFSCs’). The framework will enable Exporters and Importers to avail various types of trade finance facilities at competitive terms […]

Foreign Relations

FM attends 3rd G20 Meet

Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman participated virtually in the Third G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting under the Italian Presidency. The two-day meeting held on July 9th and 10th, 2021 saw discussions on a wide range of issues including global economic risks and health challenges, policies for recovery from the CoVID-19 pandemic, international taxation, sustainable finance and financial sector issues. […]

Finance

India-UK hold Financial Market dialogue

India and the United Kingdom (UK) held the inaugural meeting of the India-UK Financial Markets Dialogue (‘the Dialogue’) virtually late evening yesterday. The Dialogue was established at the 10th Economic and Financial Dialogue (EFD) in October 2020 to deepen bilateral ties in the financial sector. […]

Foreign Relations

Cabinet approves MoC between CCI and JFTC, Japan

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the Memorandum on Cooperation (MoC) between Competition Commission of India (CCI) and Japan Fair Trade Commission (JFTC) to promote and strengthen cooperation in the matter of Competition Law and Policy. […]

Finance

Cabinet approves MoU between ICAI and ACCA,UK

The Union Cabinet has approved the Memorandum of Understanding (MoU) between Institute of Cost Accountants of India (ICoAl) and the Association of Chartered Certified Accountants (ACCA), United Kingdom (UK), will provide mutual advanced entry to the Members of both the Institutes through exemptions […]

Agriculture & Commodities

GI certified Madurai Malli sees intl market

Consignments of Geographical Indications (GI) certified Madurai malli and other traditional flowers such as button rose, lily, chamanthi and marigold were exported today to USA and Dubai from Tamil Nadu. […]

Education

DRDO & AICTE launch regular M. Tech. Program in defence technology

A regular M.Tech. Program in Defence Technology has been launched by Defence Research and Development Organisation (DRDO) and All India Council for Technical Education (AICTE) to impart necessary theoretical & experimental knowledge, skill and aptitude in various defence technology areas […]