Cabinet approves National Mineral Exploration Policy The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the National Mineral Exploration Policy (NMEP). The NMEP primarily aims at accelerating the exploration activity in the country through enhanced participation of the private sector. There is a need for comprehensive mineral exploration of the country… Read More »
Cabinet approves Implementation of the recommendations of 7th Central Pay Commission The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the implementation of the recommendations of 7th Central Pay Commission (CPC) on pay and pensionary benefits. It will come into effect from 01.01.2016. In the past, the employees had to… Read More »
Press note on key indicators of Domestic Tourism in India NSS 72nd Round (July, 2014 –June, 2015) The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation has released the report titled “Key Indicators of Domestic Tourism in India” based on the related information collected during July, 2014 to June, 2015 as a… Read More »
Government initiates process to constitute Monetary Policy Committee (MPC) under the Reserve Bank of India Act, 1934 Government decides to bring the provisions of amended RBI Act regarding constitution of MPC into force on 27th June, 2016 so that statutory basis of MPC is made effective; Rules governing the procedure for Selection of Members of… Read More »
New Stevedoring and Shore Handling Policy in Place for all Major Ports from 31st July, 2016 Ministry of Shipping will implement a new Stevedoring and Shore Handling Policy for all Major Ports from 31st July, 2016. The existing Stevedoring Agents will have to switch over to the new Stevedoring and Shore Handling Scheme from that… Read More »
Cabinet approves Special Package for Job Creation & Export Promotion in Special Package to create 1 Crore Jobs in 3 Years in Textile and Apparel Sector Jobs for 1 crore people, mostly women; US$ 30 bn. in exports; and investment worth Rs. 74,000 crores – all in three years. These are the expected outcomes of… Read More »
Cabinet approves Tax and Production Incentives for Job Creation in Garment Manufacturing Sector Cabinet approves Special Package for Job Creation & Export Promotion in Textile & Apparel Sector Special Package to create 1 Crore Jobs in 3 Years in Textile and Apparel Sector The Union Cabinet chaired by Hon’ble Prime Minister Shri Narendra Modi has… Read More »
Cabinet decides to bring in more Flexibility in Labour Laws to increase Productivity Cabinet approves Special Package for Job Creation & Export Promotion in Textile & Apparel Sector Special Package to create 1 Crore Jobs in 3 Years in Textile and Apparel Sector The Union Cabinet chaired by Hon’ble Prime Minister Shri Narendra Modi has… Read More »
Cabinet approves Additional Incentives under Duty Drawbacks for Garments Cabinet approves Special Package for Job Creation & Export Promotion in Textile & Apparel Sector Special Package to create 1 Crore Jobs in 3 Years in Textile and Apparel Sector The Union Cabinet chaired by Hon’ble Prime Minister Shri Narendra Modi has decided to provide additional… Read More »
Establishment of Fund of Funds for funding support to Start-ups The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the establishment of “Fund of Funds for Startups” (FFS) at Small Industries Development Bank of India (SIDBI) for contribution to various Alternative Investment Funds (AIF), registered with Securities and Exchange Board of… Read More »