Archive for November, 2012

Government Aims to Generate 9,30,000 million units electricity for the year 2012-13

Comments Off | 11-28-2012

The minister of state (independent charge) for power Shri Jyotiraditya scindia informed Rajya Sabha today that the electricity generation target for the year 2012-13 is 9,30,000 million units (MU) comprising 3,87,005 MU in the Central Sector (including Bhutan import), 3,72,787 MU in the State sector and 1,70,208 MU in the Private Sector. The capacity addition

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Focus on Increasing Rice Production in Eastern States gives Good Results

Comments Off | 11-28-2012

In order to address the constraints that limit the productivity of rice based cropping systems in eastern India, the Government launched a programme namely `Bringing Green Revolution in Eastern India (BGREI)` -as a sub scheme of Rashtriya Krishi Vikas Yojana (RKVY) during the year 2010-11 with an allocation of Rs. 400

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14 Kisan Call Centers set up to Provide Information to Farmers

Comments Off | 11-28-2012

At present, Kisan Call Centres (KCCs) are functioning from 14 locations of the country including Rajasthan, covering all the States and UTs. All KCC locations are accessible by dialing a single toll free number 1800-180-1551 from 6.00 AM to 10.00 PM on all 7 days a week nationwide. This number is accessible from all telecom

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100% FDI Permitted for Cold Storage Facilities

Comments Off | 11-28-2012

All India Coordinated Research Project on Post-harvest Technology (ICAR) conducted a study at National level and printed the report in September, 2012. As per the study, estimated monetary value of harvest, post-harvest losses of horticultural, agricultural and livestock produce, in the country was Rs. 44143 crore at price and production value for the year 2007

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National Food Security Mission Extended to 24 States for Rice Crop

Comments Off | 11-28-2012

In order to cover more area/region of the country keeping in view the recommendations of the Committee of Agriculture on Demand for Grants, the National Food Security Mission-Rice (NFSM-­Rice) has been extended from 16 States to 24 States from the year 2012-13. The States covered under NFSM-Rice during 2012-13 are Andhra

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Restructuring of Textiles Sector

Comments Off | 11-27-2012

Textile Industry suffered a downturn in 2011-12, due mainly to the global economic slowdown and partially the high price volatility in the international and domestic cotton market. To ease the resultant financial distress, recognizing the Handloom sector as the most vulnerable segment of the Textile industry, Government announced a Handloom Revival, Reform & Restructuring Package

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Export Duty on Iron Ore

Comments Off | 11-27-2012

The Minister of Steel, Shri Beni Prasad Verma has said that according to global rankings released by the World Steel Association (WSA), India was the 4th largest crude steel producer in the world in 2010, 2011 as also during January – September 2012. The details of global rankings of producers

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Government Releases 70.00 Lac Tons Sugar for Open Market Sale

Comments Off | 11-27-2012

The Central Government has decided to make available quantity of 70.00 lac tons of non-levy quota for open market sale, for the months of December, 2012 to March, 2013 as per the details given below:-

Sl.
No
Particulars
Quantity in lac tons

1
Normal quota
66.00

2.
Levy Conversion Quota

2.00

3.
Extended quota from October, 2012 –

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FDI in Various Sectors

Comments Off | 11-27-2012

As per extant FDI policy, FDI, up to 26% is permitted, in the defence sector, with prior Government approval. Government has, further, interalia announced the following decisions:-
(i) Amendment of certain conditions relating to FDI, up to 100%, in single brand retail trading, vide Press Note No. 4(2012 Series) dated 20.9.2012
(ii) Permitting FDI, up to 51%,

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Sourcing Norms for Single/Multi Brand Retail

Comments Off | 11-27-2012

Vide Press Note 4 (2012 series) issued on 20.09.2012 certain conditions relating to FDI in single brand product retail trading have been amended. The amended policy, inter-alia, includes the following condition in respect of proposals involving FDI beyond 51% in single brand product retail trading:-
“In respect of proposals involving FDI beyond 51%, sourcing of 30%

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