Invest in India News

  • New Guidelines Issued by FSSAI

    Food Safety and Standards Authority of India (FSSAI) has issued a new advisory on 11th December, 2012 relating to sale of new or existing proprietary food products.

  • Promotion of Alternative Systems of Medicines

    The Department has taken several steps to make people aware about efficacy, efficiency and strengths of AYUSH systems of medicines, so as to encourage them to use these medicines as per details below:

     

  • Regulatory Mechanism for Ayurvedic, Unani and Homoeopathic Medicines

    Ayurvedic, Unani and Homoeopathic medicines are regulated in the country under the provisions of Drugs & Cosmetics Act, 1940 and the Rules thereunder. For this purpose, the Licensing Authorities are appointed by the State Government to grant license for manufacturing of Ayurveda, Unani and Homeopathic medicines and enforce the legal provisions for their sale or marketing and quality standards. In this regard, the Central Government is empowered to make or amend the law & rules.

  • 950 Million Tonnes Coal Reserve Identified

    Minister of State for Coal, Shri Pratik Prakash Bapu Patil informed the Lok Sabha today that with a view to developing Underground Coal Gasification (UCG) potential in our country for energy production, Govt. has notified UCG as one of the end uses under captive coal mining policy.  Five lignite blocks and two coal blocks of estimated reserves 950.5 Million Tonnes had been identified for offer to various companies for taking up UCG projects as per the amended provisions of Mines and Minerals (Development & Regulation) Act and the Rules there under.

  • Nuclear And Radiation Safety Policy of Atomic Energy Regulatory Board (AERB)

    In accordance with the Presidential orders dated 15 November 1983, constituting the AERB, the functions of AERB include, as per clause 2(i), development of safety policies in both radiation and industrial safety areas, and further, as per clause 2(vi), evolving major safety policies based on safety criteria, recommended by IAEA and other international bodies, adopted to suit Indian conditions.

  • Committee on Export Promotion

    A Technical Committee on Services I Facilities to Exporters has been constituted under the chairmanship of Shri G Padmanabhan, Executive Director Reserve Bank of India (RBI). The Committee has representation from the EXIM Bank, Export Credit Guarantee Corporation (ECGC), Federation of Indian Export Organization (FIEO), Indian Banks` Association (IBA), Foreign Exchange Dealers Association of India (FEDAI), etc. The mandate of the Committee is to evaluate the entire gamut of services / facilities provided by banks / financial Institutions to the exporters.

  • Import from China

    The details of cases of import of sub-standard products from China detected by the Customs Department for the last four years is as under:

     

    Year

    Number of Cases

    Value of goods involved  (Rs.in Crores)

    Duty involved (Rs. In Crores)

  • Anti-Dumping Duty on Import of Solar PV Modules

    The Ministry examines the effects of dumped goods on the domestic industry, and not cheap goods. Dumping takes place if the export price of a product is less than the normal value prevailing in the exporter’s country. In order to offset the adverse effects of dumped imports, Domestic Industry can avail the trade defence measures provided under The Customs Tariff Act, 1975, The Customs Tariff (Identification, Assessment & Collection of Anti-Dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995.

  • Import of Pulses and Oilseeds

    To bridge the gap between demand and supply of pulses in the domestic market and to exercise moderating influence on domestic prices, Government has allowed the import of pulses at zero duty and also banned the export of pulses (except kabuli chana) w.e.f.

  • Schemes Implemented by MPEDA to Boost Export

    The Government established The Marine Products Export Development Authority (MPEDA) in 1972 to promote the export of marine products.

     

    MPEDA has taken appropriate steps to boost export by effectively          implementing a number of schemes.

     

    The details of the schemes are mentioned in the Annexure. The details of exports are given below:-

  • PM's interaction with reporters after Investiture Ceremony at Rashtrapati Bhavan

    Q-1 Are you going to ask the Law Minister to resign?
     
    PM -There is no question of the Law Minister resigning. The matter is now in the court and it is sub-judice. Therefore it is not proper for me to do anything, but there is no question of the Law Minister resigning.

    Q-2 Regarding China - Ladakh does the government have any plan to solve the incursion standoff?
     

  • Twelfth Five Year Plan Outlay for Railways

    An outlay of Rs. 5,19,221 crore has been finalized for the Twelfth Five Year Plan (2012-2017) of the Railways.  the details of the outlay are given below:-

    (i)  Gross Budgetary Support - Rs. 1,94,221 crore

    (ii)  Internal Generation - Rs. 1,05,000 crore

    (iii) Extra Budgetary Resources - Rs. 2,20,000 crore

    Total - Rs. 5,19,221 crore

  • HRD Ministry Outlines Criteria for Setting up model Schools under PPP mode for Achieving RTE Objectives

    The HRD Ministry has outlined criteria for setting up Model Schools under PPP mode for achieving RTE objectives. The Ministry will set up 2500 model schools in non-educationally backward blocks. Under the scheme, the selection of PPP mode will be done for model schools through a bidding process in which each bidder will have to provide details about their financial and technical capabilities.

  • Call Rates of PSU Telecom Companies

    As per the existing tariff framework, tariff for telecommunication access services is under forbearance except for national roaming and Rural Fixed Line Services. The service providers have the flexibility to offer different tariff schemes depending on the market conditions and other commercial considerations. Each service provider devices various schemes in such a manner as to suit its commercial interest in accordance with the tariff regulatory guidelines issued by Telecom Regulatory Authority of India (TRAI) from time to time.

  • Anand Sharma Assures Support to Textiles, Plantation and Manufacturing in Southern States

    The Union Minister of Commerce, Industry & Textiles Shri Anand Sharma today reviewed industry-related issues with the state governments of Tamil Nadu, Kerala, Andhra Pradesh and Karnataka, in Kovalam, Kerala. Senior officers from the Department of Commerce and Industry, Government of India made presentations on National Manufacturing Policy, recent changes in Foreign Direct Investment regime, new guidelines for Special Economic Zone Policy, handloom and plantation sector, and eBiz Project.