Daily Archives: November 18, 2015

Ministry of Shipping weeds out obsolete rules under Merchant Shipping Act

By | November 18, 2015

Press release by Ministry of Shipping of Govt of India on 18-November, 2015 The Ministry of Shipping  has decided to rescind thirteen rules under the Merchant Shipping Act, 1958 (as amended), having found them to be obsolete and unnecessary. The rules identified for being weeded out are : Merchant Shipping (Distressed Seamen) Rules, 1960 Merchant… Read More »

Govt Approves 6 Proposals of Foreign Direct Investment of Rs1810.25 Crore

By | November 18, 2015

Press Release by Ministry of Finance of Govt of India on 18-November, 2015 Government Approves Six (6) Proposals of Foreign Direct Investment (FDI) Amounting to Rs. 1810.25 Crore Approximately Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its 226thmeeting held on 30th October 2015, the Government has approved 6 (six) proposals of… Read More »

Over 5366 MT seized pulses disposed in the market to increase availability

By | November 18, 2015

Press Release Ministry of Consumer Affairs, Food & Public Distribution of Govt of India on 18-November, 2015 A per reports received from the State Governments, till yesterday, 5366.18 MT pulses seized under de-holding operations have been auctioned or offloaded through other options in the market to increase availability. This will help to moderate the prices… Read More »

Implementation Model for BharatNet ,TRAI Consultation Paper

By | November 18, 2015

press release by Ministry of Communications & Information Technology of Govt of India on 18-November, 2015 TRAI issues Consultation Paper on “Implementation Model for BharatNet”   The Telecom Regulatory Authority of India (TRAI) has today issued a Consultation Paper on “Implementation Model for BharatNet” Digital India was conceived by weaving various strands of communication and… Read More »

Direct production subsidy to sugarcane growers of Rs.4.50 per quintal of cane crushed

By | November 18, 2015

Press release by Cabinet Committee on Economic Affairs (CCEA) of Govt of India on 18-November, 2015 Direct subsidy to sugarcane growers Sustained surpluses of production over domestic consumption in the last five years has led to subdued sugar prices, which has stressed the liquidity position of the industry leading to a build up of cane… Read More »

Segregation of Civil Construction cost from capital cost of National Highways projects for appraisal and approval

By | November 18, 2015

press release by Cabinet Committee on Economic Affairs (CCEA) of Govt of India 18-November, 2015 Segregation of Civil Construction cost from capital cost of National Highways projects for appraisal and approval The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to segregate construction cost from cost… Read More »

Interest Equalisation Scheme on Pre & Post Shipment Rupee Export Credit

By | November 18, 2015

Press Release Cabinet Committee on Economic Affairs (CCEA) of Govt of India on 18-November, 2015 Interest Equalisation Scheme on Pre & Post Shipment Rupee Export Credit with effect from 1st April, 2015 for five years The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for Interest… Read More »