PM launches mega scheme to improve power distribution

Prime Minister Narendra Modi has launched Power Ministry’s flagship “Revamped Distribution Sector Scheme” with an aim to improve the operational efficiencies, besides ensuring financial sustainability of power distribution companies. With plans to provide 25 crore Smart Prepaid meters to the consumers all over the country, the scheme has an outlay of Rs.3,03,758 crore to be […]

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Meeting of National Association of Street Vendors highlights their contribution to economy

The 16th meeting of National Association of Street Vendors of India (NASVI) was held with with the theme, ‘From Encroachers to Self-Employed’.  Hardeep S Puri, the Minister for Housing and Urban Affairs, addressed the meeting highlighting that that the street vendors have been an essential part of the economic growth story of India. He said […]

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India’s exports achieve high growth; but imports cause concern

India’s overall exports combining merchandise and services in June 2022 are estimated to be USD 64.91 Billion, showing a positive growth of 22.95 per cent over the same period last year. The overall exports  in the 1st quarter of FY 22-23 (April-June 2022) are estimated to be USD 189.93 Billion, accouting for a positive growth of […]

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India achieves increase in exports in the first Quarter of 2022-23

The merchandise exports from the country have registered 16.8% rise in June 2022, reaching up to USD 37.9 billion which is the highest ever exports. While the value of non-petroleum exports during the month reached 30.12 USD billion, non-petroleum exports amounted to USD 28.54 billion in June 2022. Non-petroleum and non-gems and jewellery exports have […]

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Tata Steel Long Products pays Rs 12100 crore to acquire NINL

Following the Rs 12100 crore Enterprise Value paid by Tata Steel Long Products Limited (TSLP) to the government, the disinvestment of Neelachal Ispat Nigam Limited (NINL) is completed and now it’s the part of Tata Steel family. The strategic disinvestment of NINL, a joint venture of 4 CPSEs (MMTC, NMDC, MECON, BHEL) and 2 Odisha […]

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Narayan Rane applauds MSMEs for their resilience

Committed to achieve the goals of self-reliance and holistic development of Micro, Small & Medium Enterprises (MSMEs), the government has introduced several schemes to create a business environment in which traditional, rural, small and cottage industries equally get the opportunity to flourish. While celebrating International MSME Day, Union Minister for MSME, Narayan Rane said to […]

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Bihar Investors Meet organised during Steel Week at EXPO 2020 Dubai

In the presence of several dignitaries, the ‘Steel Week’ was inaugurated by Steel Minister Ram Chandra Prasad Singh at EXPO 2020 Dubai. A Rs 6,322 crore Production Linked Incentive  (PLI) Scheme  for speciality steel was started during the ongoing ‘Steel Week’ for the specialty steel sector that would propel the Indian steel sector towards meeting […]

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India’s exports of final food products register impressive growth

The country’s exports of Ready to Eat (RTE), Ready to Serve (RTS) and Ready to Cook (RTC) foods under Agriculture and Processed Food Products Export Development Authority (APEDA)  basket have exceeded USD 2 billion  during 2020-21. India exports RTE food products majorly to USA, UAE, Nepal, Canada, Sri Lanka, Australia, Sudan, UK, Nigeria and Singapore. […]

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Indian Marine Products exports set to exceed all-time high numbers of FY2017-18 despite pandemic

Marine Products exports have registered a commendable growth of 35% between April to December last year (Provisional) in comparison to the year 2020. While the exports of Marine products witnessed the growth of 12% and 38% in comparison to April-December 2019 and April-December 2014 respectively. Notably the exports of Marine Products reached USD 720.51 Million […]

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Five top Engineering Goods’ export destinations of India register impressive growth  

Engineering Goods sector that constitutes the largest total exports basket of the country has witnessed the value of USD 81.8 Billion during April-December 2021. It was USD52.9 Billion last year during the same period. Thus the Engineering Goods sector has registered the impressive growth and it constitutes more than 27% of the country’s total exports […]

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