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Budget 2019-20 proposes PPP model for faster development of railways

It is estimated that Rs 50 lakh crores will be needed for railway infrastructure between 2018 and 2030, while capex outlays of Indian Railways are around 1.5 to 1.6 lakh crores per annumRead more

Budget announces changes in customs duty for some products

Import of defence equipment, currently not manufactured in India, are being exempted from the basic customs duty, said Finance Minister Nirmala SitharamanRead more

Budget 2019-20 allocates Rs 350 cr under Interest Subvention Scheme for MSMEs

To provide domestic industry a level playing field, basic customs duty has been increased on items such as PVC, metal fitting, auto parts, optical fibre cable, CCTV camera, IP camera, etcRead more

IEEMA expects measures to boost electrical equipment industry growth in budget

The apex association has recommended favourable tax structure to reduce manufacturing cost, zero basic customs duty on imports of CRGO Steel and amorphous alloy ribbon, etc.Read more

Power Minister inaugurates INSPIRE 2018, recognises four pathbreaking innovations in energy efficiency and clean energy

With a focus on enhancing grid management, e-mobility, and financial instruments and technologies for energy efficiency in India, the second edition of the International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) took place in New Delhi. Read more

SUFI board meets Steel Minister Chaudhary Birendra Singh

A delegation of Steel Users Federation of India (SUFI) recently met Chaudhary Birendra Singh, the Minister of Steel, Government of India, to acquaint him of various challenges faced by the steel fraternity.Read more

Petroleum Minister Dharmendra Pradhan visits LAPP’s HQ in Germany

The Minister visited the office to learn more about the German vocational training system.Read more

Government to improve working and living conditions of unorganised workforce

Minister of State for Labour and Employment (Independent Charge), Santosh Kumar Gangwar, said recently that the government was working on a policy to improve the working and living conditions of the 400 million labour force in the unorganised sector.Read more

Energy ministers to discuss sustainable energy in the coming OPEC

The 7th OPEC International Seminar, one of the world's most prominent forums for leading experts in the energy field, will take place from 20-21 June 2018 at the Hofburg Palace in Vienna.Read more

National foreign trade directory released by MSME ministry

Giriraj Singh, Minister of State (independent Charge) for Micro, Small & Medium Enterprises(MSME), Government of India & MSME Secretary, Dr. Arun Kumar Panda, released a directory to facilitate the exporters during the recently concluded International SME Convention - 2018Read more

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