Ministry of Finance Grant of Rs. 1154.90 crore released to States for Urban Local Bodies Total grant of Rs. 9,172.63 crore released to Urban Local bodies so far in 2021-22 The Department of Expenditure, Ministry of Finance today released an amount of Rs. 1154.90 crore to 4 States for providing grants to Urban Local…...
Government of India cancels the auction of dated security scheduled on February 18, 2022
Ministry of Finance Government of India cancels the auction of dated security scheduled on February 18, 2022 On review of the Government of India’s cash position, it has been decided, in consultation with Reserve Bank of India, to cancel auction of all the securities scheduled to be held on February 18, 2022 as per the…...
India’s Department for Promotion of Industry & Internal Trade (DPIIT)
Ministry of Commerce & Industry India’s Department for Promotion of Industry & Internal Trade (DPIIT) and Japan’s (Ministry of Economy, Trade and Industry (METI) jointly review the progress under Japanese Industrial Townships (JITs) in India 114 Japanese companies currently operate across the JITs Japan is India’s 5th largest investor Production Linked Incentive (PLI) scheme announced…...
Wholesale Price Index based Inflation maintains declining trend
Ministry of Commerce & Industry Wholesale Price Index based Inflation maintains declining trend Index Numbers of Wholesale Price in India for the month of January, 2022 (Base Year: 2011-12) released The annual rate of inflation is 12.96% (Provisional) for the month of January, 2022 (over January, 2021), which is a continuous decline from 14.87% in…...
The exports of Shallots reach an all-time high with a growth of 487% since 2013
Ministry of Commerce & Industry The exports of Shallots reach an all-time high with a growth of 487% since 2013 Pineapple exports see a boom with a growth of 100 % since 2013 India’s merchandise exports touch USD 336 Billion approximately in January 2022 Government takes several innovative steps to fast-track the growth of exports…...
Agricultural Products’ Export Development Authority (APEDA) celebrates 36th Foundation Day
Ministry of Commerce & Industry Agricultural Products’ Export Development Authority (APEDA) celebrates 36th Foundation Day Exports of agricultural and processed food products through APEDA rise from USD 9 billion in 2000-2001 to USD 20.67 billion in 2020-21 Exports of agricultural and processed food products through APEDA expected to exceed the target of US 23.7 billion…...
Shri Piyush Goyal asks IIT Students to make Scale,
Ministry of Commerce & Industry Shri Piyush Goyal asks IIT Students to make Scale, Quality, & Job Creation the focal point of all the endeavours "Provide innovative solutions for farmers, artisans & weavers, small retailers, etc & help realise the goals of Aatmanirbhar Bharat" - Shri Goyal to IIT Kanpur students "Study digital platforms (e.g.…...
SPMCIL celebrates 17th Foundation Day
Ministry of Finance SPMCIL celebrates 17th Foundation Day Union Finance Minister Smt. Nirmala Sitharaman launches first colour souvenir coin on “Panchtantra” Security Printing and Minting Corporation of India Limited (SPMCIL) celebrated its 17th Foundation Day programme today through the digital mode. Union Finance Minister, Smt. Nirmala Sitharaman chaired the programme via virtual mode in the…...
EXPORT OF IT INDUSTRY SERVICES
Ministry of Commerce & Industry EXPORT OF IT INDUSTRY SERVICES The Government of India (GoI) has taken various initiatives to promote Information Technology and Information Technology enabled Services (IT/ ITeS) sector in the country. Some of the initiatives are as detailed below: Software Technology parks of India (STP) Scheme: Software Technology Parks of India (STPI), an autonomous society…...
MIGRATION OF FOREIGN COMPANIES TO INDIA
Ministry of Commerce & Industry MIGRATION OF FOREIGN COMPANIES TO INDIA Various initiatives/schemes have been launched by Government for promoting growth and attracting investment in India. The Make in India programme was launched on 25th September, 2014 with aim of facilitating enhanced investment, foster innovation, build best in class infrastructure, and make India a hub for manufacturing,…...