Invest in India News

  • Technological Gap of CPSEs

    The Government has implemented Maharatna, Navratna and Miniratna scheme for Central Public Sector Enterprises (CPSEs) under which the Boards of these CPSEs have been delegated powers, inter-alia, to enter technology joint ventures or strategic alliances and to obtain by purchase or other arrangement technology and know-how as per Government guidelines.  Further, ‘R&D, Innovation, Technology up-gradation’ has been included as a non-financial parameter under the system of Memorandum of Understanding for CPSEs (except for CP

  • Online Fraud Cases

    Under the Consumer Protection Act, 1986, a three tier quasi-judicial mechanism has been set up at District, State and Central levels for better protection of the interests of consumers and to provide simple and speedy redressal of consumer disputes including online frauds. The consumer fora are empowered to give relief of a specific nature and award, wherever appropriate, compensation to consumers.

  • Second India-Russia Strategic Economic Dialogue to be held on 10 July

    Focus on 6 core areas covering Finance, Transport, Agriculture, Small and Medium Business, Digital Technologies, and Tourism & Connectivity.

  • FIEO to work with Kerala govt to double its exports

    Federation of Indian Exports Organisations (FIEO) intends to work closely with the Kerala government to double the State’s share of exports to over six per cent in the next five years. Kerala’s exports during 2018-19 was $8.1 billion, which is 2.4 per cent of India’s exports.

     

  • Maharashtra ranks first in NITI Aayog's ease of doing farm business

    Maharashtra achieved first rank in NITI Aayog launched Agricultural Marketing and Farmer Friendly Reforms Index (AMFFRI), which ranks states based on the degree of reforms they have undertaken in agricultural marketing. 

     

  • Government attempts fresh focus on FTAs, talks with U.S., EU and ASEAN negotiators next week

    With fresh focus on resolving its pending talks on trade and dispelling criticism that India has been ‘protectionist’ and held up Free Trade Agreement (FTA) negotiations, the Modi government will engage in three sets of important trade talks: with the European Union (EU), the United States and ASEAN (Association of Southeast Asian Nations) negotiators this week.

     

  • MSME Minister in talks with ADB, World Bank & KfW to address major concerns

    Working towards solving three major problems faced by the MSME sector in India – high electricity cost, high capital cost and high logistic cost, Union Minister for Micro, Small & Medium Enterprises (MoMSME) Nitin Gadkari has recently held talks with the Asian Development Bank, World Bank and KfW (a German state-owned development bank).

     

  • 'India-UAE bridge' initiative to attract trade and investment

    A Dubai-based port operator is collaborating with Indian business stakeholders to attract trade and investments to its flagship Jebel Ali Port and Jafza zone, it has been revealed.

     

  • Cabinet approves MoU signed between India and Maldives for ferry services

    The Union Cabinet on Wednesday gave ex-post facto approval for the Memorandum of Understanding (MoU) signed between India and Maldives for the establishment of passenger and cargo services by sea.

     

  • Milk production increasing, informs minister

    Milk production of the country is increasing with the total estimated milk production is 176.35 million tonnes during 2017-18, said an official release on Tuesday.

     

    The National Action Plan for Dairy Development envisages milk production target of 254.55 Million Tonnes by 2022.

     

  • Possible to merge 12%, 18% GST as revenues rise: Arun Jaitley

    The goods & services tax (GST), which completed two years on Monday, is likely to undergo further rationalisation with the merging of 12% and 18% slabs,  Arun Jaitley has said.

     

  • e-NAM Scheme has registered over 1.60 crore farmers so far, says Narendra Singh Tomar

    The National Agriculture Market (e-NAM) Scheme, which was launched on April 14, 2016 to create an online transparent competitive bidding system to facilitate farmers with remunerative prices for their produce, has so far integrated 585 wholesale regulated markets of 16 states and two Union Territories (UTs) with e-NAM platform, said Union Agriculture Minister Narendra Singh Tomar in a written reply to the Lok Sabha today. Other key highlights of his statement were: 

  • Road Ministry seeks SEZ-like sops for projects, under logistics policy

    The Ministry of Roads, Transport and Highways has suggested that the Centre should consider extending fiscal incentives, on the lines of Special Economic Zones, to infrastructure projects under the proposed National Logistics Policy and also give sops like interest subsidy, reimbursement of part of capital investment, stamp duty exemption and exemption of tax on electricity.

     

  • PM Kisan Scheme ambit to cover all farmers regardless of holding size

    The ambit of the PM Kisan Scheme has been expanded to cover all farmers in the country, irrespective of the size of their land holdings, subject to the other existing exclusion criteria.

     

  • Centre sets up panel of seven chief ministers to suggest measures on agri reform

    The Centre on Monday set up a high powered committee of seven chief ministers, led by Maharashtra’s Devendra Fadnavis as its convenor, for suggesting measures to transform Indian agriculture and raise farmers’ income.