Finance

10 States get an additional 28,204C for undertaking power sector reforms

The incentive of Rs 1,22,551 crore is available to States in 2022-23 for reforms in the power sector; the Department of Expenditure, Ministry of Finance, has granted additional borrowing permission of Rs. 28,204 crore to 10 States for undertaking the stipulated reforms in the power sector in 2021-22. […]

Business

4 Schemes introduced for Semiconductor Chip Designing and Manufacturing

India is one of the leading centers for global semiconductor design companies. Most global semiconductor design companies have set up design R&D innovation centers in India owing to the exceptional semiconductor design talent pool making up to 20% of the world’s semiconductor design engineers and the high number of design Patents/ IPR registered in India. […]

Business

New Industrial Policy For J&K

The Government of India has notified the New Central Sector Scheme for Industrial Development of Union Territory of Jammu & Kashmir (J&K) on 19/02/2021 to attract capital investments in J&K with a financial outlay of Rs 28,400 crore (Upto the year 2037). […]

Business

CIL supplied 3.32 lakh tons of Coal To Non-Power Sector

Coal India Limited (CIL) has supplied coal to the Non-Power sector to the tune of 3.32 Lakh tonne per day in FY 2021-22. At present Coal India has a stock of 60.77 Million Tonnes (MT) as of 01.04.2022 and with the Production of 700 MT in FY 2022-23, CIL is making all efforts to meet the demand of all linked sections of the industries in FY 2022-23. […]

Foreign Relations

India signs 13 FTAs with its trading partners

So far, India has signed 13 Free Trade Agreements (FTAs) with its trading partners, including the 3 agreements, namely India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA), India-UAE Comprehensive Partnership Agreement (CEPA), and India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA) signed during the last five years. […]