Archive for January, 2013

Index of Eight Core Industries (Base: 2004-05=100)

Comments Off | 01-31-2013

The summarized Index of Eight Core Industries with 2004-05 base is given at the Annexure.
The   Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP).  The combined Index was 154.6 in December 2012 with a growth rate of 2.6% compared to their 4.9% growth in December 2011. 

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Approval for ONGC Videsh Limited’s acquisition of participating interest in ACG Fields in Caspian Sea sector and BTC pipeline in Azerbaijan

Comments Off | 01-31-2013

The Cabinet Committee on Economic Affairs today gave its approval to authorize ONGC Videsh Limited (OVL) to acquire Participating Interest (PI) owned by Hess Corporation`s wholly-owned subsidiaries in the upstream and midstream oil and gas assets in Azerbaijan comprising 2.7213 percent PI in the Azeri Chirag Guneshli (ACG) contract area and 2.36 percent PI in

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Approval for partially allowing export of certain edible oils

Comments Off | 01-31-2013

The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Commerce for partially allowing export of certain edible oils as per the following:
(i) Export of edible oil from Domestic Tariff Area (DTA) to Special Economic Zones (SEZs) to be consumed by SEZ units for manufacture of processed food products.
(ii) Allowing export

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Determination of Fair and Remunerative Price payable by sugar mills for 2013-14 sugar season

Comments Off | 01-31-2013

The Cabinet Committee on Economic Affairs has approved the fair and remunerative price of sugarcane payable by sugar mills for 2013-14 sugar season to be fixed at Rs.210/- per quintal. This price will be linked to a basic recovery rate of 9.5 percent, subject to a premium of Rs.2.21 per quintal for every 0.1 percentage

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Official Amendments to Lokpal and Lokayuktas Bill, 2011

Comments Off | 01-31-2013

The Union Cabinet has approved the proposals submitted by the Department of Personnel & Training for moving official amendments to the Lokpal and Lokayuktas Bill, 2011 as reported by the Select Committee of Rajya Sabha.
The Lokpal and Lokayuktas Bill, 2011 was passed by the Lok Sabha on 27th December, 2011. The Bill was taken up

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Amendments to Regional Rural Banks (RRBs) Act, 1976

Comments Off | 01-31-2013

The Union Cabinet today gave its approval to the proposed amendments in the Regional Rural Banks (RRBs) Act, 1976 to enhance authorized and issued capital to strengthen their capital base. The term of the non official directors appointed by the Central Government is proposed to be fixed not exceeding two years.
The proposed amendments will ensure

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Global crude oil price of Indian Basket Rise on 28.01.2013 to US$ 110.63/bbl

Comments Off | 01-30-2013

The international crude oil price for Indian Basket as computed/published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 110.63/barrel (bbl) on 29.01.2013. This was higher than the price of US$ 110.35/bbl prevailing on the previous trading day of

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Launching of digital copies of Non-Priced Publications of NAI on Website

Comments Off | 01-30-2013

Union Minister of Culture Smt. Chandresh Kumari Katoch and former Governor of West Bengal Shri Gopalkrishna Gandhi jointly launched the digital version of the catalogue of publications (till June 2012) of National Archives of India (NAI) on the website (www.nationalarchives.nic.in) under section “List of Publications”.
This catalogue is not merely a list of publications brought out

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Farm Mechanization to be Given Primacy to meet the Projected Demand of 280 million tonnes of Food Grains by 2020 : Shri Pawar

Comments Off | 01-30-2013

Union Minister of Agriculture and Food Processing Industries Shri Sharad Pawar today informed Members of Parliament that in order to attain the projected demand of 280 million tonnes of food grains by the year 2020-21, farm power availability in the country has to be scaled up to at least 2.0 Kw/ha by the end of

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General elections to Meghalaya, Nagaland and Tripura Legislative Assemblies 2013 – Media Coverage during the period referred to in Section 126 of RP Act, 1951

Comments Off | 01-30-2013

Section 126 of the Representation of the People, 1951, prohibits displaying any election matter by means, inter alia, of television or similar apparatus, during the period of 48 hours before the hour fixed for conclusion of poll in a constituency. The relevant portions of the said Section 126 are re-produced below: -
(126. Prohibition of public

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