Business

BIS grants 630 licenses to MSME toy manufacturers

The Union Minister of State for Consumer Affairs, Food and Public Distribution, Shri Ashwini Kumar Choubey in a written reply to a question in Lok Sabha today informed that the Bureau of Indian Standards (BIS) has granted 630 licenses to MSME toy manufacturers as on 28.03.2022. […]

Foreign Relations

Palaniswamy Subrahmanyan Karthigeyan concurrently accredited as the next High Commissioner of India to Kiribati

Shri Palaniswamy Subrahmanyan Karthigeyan (IFS:2004), presently High Commissioner of India to the Republic of Fiji, has been concurrently accredited as the next High Commissioner of India to the Republic of Kiribati, with residence in Suva. […]

Agriculture & Commodities

Technological Products by KVKs

The Government has made provision for the opening of Krishi Vigyan Kendra (KVK) in each of the rural districts keeping in view the rationale that new agricultural technologies and best practices are assessed and demonstrated at farmers’ fields […]

Agriculture & Commodities

Budget for PM-AASHA

In order to provide remunerative prices to the farmers of notified pulses, oilseeds & copra, Government implements an umbrella scheme of Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) consisting of the Price Support Scheme (PSS), Price Deficiency Payment Scheme (PDPS) and Pilot Private Procurement & Stockiest Scheme (PPSS). […]

Business

CCI issued a final order against 11 firms

The Competition Commission of India (CCI) issued a final order against eleven (11) companies/ firms which were found to have contravened the provisions of Sections 3(3)(a), 3(3)(b), 3(3)(c) and 3(3)(d) read with Section 3(1) of the Competition Act, 2002 (Act), which proscribe anti-competitive agreements. […]

Business

Best year of performance in the history of MOIL

FY 2021-22 has been one of the best years of performance in the history of Manganese Ore (India) Limited (MOIL), a schedule ‘A’ CPSE under the Ministry of Steel, as its turnover has almost touched the highest-ever achieved so far in FY 2018-19. […]

Business

Sustainable Mining in India

Before execution of a mining lease under the provisions of the Mines and Minerals (Development and Regulation) Act, 1957, every mine is required to obtain statutory clearances from various departments of the Central Government and respective State Governments, including Environmental Clearance and Forest Clearance. […]

Foreign Relations

India-Australia ECTA signed by Piyush Goyal

The India-Australia Economic Cooperation and Trade Agreement (“IndAus ECTA”) was signed by Shri Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Food, and Public Distribution and Textiles, Government of India, and Mr. Dan Tehan, the Minister for Trade, Tourism and Investment, Government of Australia in a virtual ceremony, in the presence of Hon’ble Prime Minister of India, Shri Narendra Modi and the Hon’ble Prime Minister of Australia, H.E. Mr. Scott Morrison today. […]

Business

Atmanirbhar in MSMEs Sector

The Government has taken a number of initiatives under the Aatma Nirbhar Bharat Abhiyan to mitigate the negative impact of Covid-19 on small businesses, including MSMEs, in the country. […]

Business

NMDC’s Annual Performance

National Mineral Development Corporation Ltd. (NMDC), the Country’s largest Iron Ore producer, a CPSE under the Ministry of Steel, reported cumulative production and sales for FY22 stood at 42.15 MT and 40.70 MT respectively, a growth of 23% in production and 22% in sales over the same period last year. […]

Foreign Relations

India-Australia Economic Cooperation and Trade Agreement to be signed

Shri Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Food, and Public Distribution and Textiles, Government of India, and Mr. Dan Tehan, the Minister for Trade, Tourism and Investment, Government of Australia, will sign the India-Australia Economic Cooperation and Trade Agreement (“IndAus ECTA”) in a virtual ceremony, in the presence of Hon’ble Prime Minister of India, H.E. Shri. Narendra Modi and the Hon’ble Prime Minister of Australia, H.E. Scott Morrison tomorrow. […]

Business

Revamping Food Processing Industries

In order to deal with constraints faced by the Food Processing sector and to ensure its overall growth and development across the country, the Ministry of Food Processing Industries (MoFPI) has been implementing Central Sector Umbrella Scheme – Pradhan Mantri Kisan SAMPADA Yojana (PMKSY), centrally sponsored PM Formalisation of Micro Food Processing Enterprises Scheme (PMFME) and Central Sector Production Linked Incentive Scheme (PLISFPI). […]

Business

Export Policy for MSMEs

E-Commerce is widely considered a medium to reduce costs related to penetration and sustainability of exporters in international markets. Indian MSMEs stand to benefit from the enhanced visibility provided by e-commerce platforms. […]

Foreign Relations

5th BIMSTEC Summit

Prime Minister Shri Narendra Modi today participated in the 5th BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Summit hosted in virtual mode by Sri Lanka, the current chair of BIMSTEC. […]

Business

Innovations In Startups

Startups and the entire innovation ecosystem are the engines of growth for any country. Recognizing this aspect, the Government launched the Startup India initiative on 16th January 2016 with an aim to build a stronger ecosystem for nurturing India’s startup culture that would further drive our economic growth, support entrepreneurship, and enable large-scale employment opportunities. […]

Business

Steps to Increase Domestic Production of Ammonium Nitrate

Presently, Coal India Limited (CIL) has Regular Running Contracts with 12 domestic private explosive manufacturers for Bulk explosives; 06 domestic private explosive manufacturers for Large Dia explosives, and 04 domestic private explosive manufacturers for Permitted explosives. […]