The government has set the target of producing 170 million tonnes of coal from captive and commercial coal blocks in the country during the current financial year. Also read:NTPC aims for 40 MMT coal production in FY25 In FY24, captive and commercial coal blocks produced 147.12 million tonnes (MT) of dry fuel, 26 per cent … Read more
Finance Minister Nirmala Sitharaman on Friday, virtually launched seven infrastructure projects worth over ₹1,000 crore, the Finance Ministry said. Also read: Government saved over ₹20,000 crore through new accounting mechanisms, says FM Sitharaman In her address on the occasion, Sitharaman said it is important to ensure that projects are planned and completed without delays and … Read more
The Indian government’s recent decision to permit onion exports to Bahrain and Mauritius has stirred controversy within the exporting industry. Despite these countries’ limited historical imports of Indian onions, the government’s move has left larger importers feeling neglected and frustrated, according to the industry players. Also read: Onion exporters seek “fair and just” export system … Read more
Procurement of services through government buying portal GeM (government e-marketplace), touched ₹1.82 lakh crore as of February 22, an official statement said on Friday. It was ₹8,500 crore in 2020-21, says, Commerce Ministry. Also read: OMCs to procure over 300 crore litres lines of ethanol annually from upcoming plants across 8 states It added that … Read more
As farmers leaders chalked out their next course of action after a two-day pause, they were hopeful of a resolution to their key demands through talks but simultaneously ready to resume the “Delhi chalo” march if the talks failed. Also read: ‘Under protest’, X blocks accounts related to farmers’ protest on Centre’s orders There were … Read more
As India imports over 3 million tonnes (mt) of pulses annually even as production has jumped substantially, the Government sees the gap between demand and supply continuing. This is even as there is a further jump in production since the requirement of protein-based food will be rising with the economic growth targetted to reach $5 … Read more
In a major overhaul of its pension fund regulations, pension regulator PFRDA has brought pension funds within the ambit of Prevention of Money Laundering Act (PMLA), tightening the oversight on these entities. Also read:PFRDA invites bids to engage system integrator for TRACE It has as part of the latest amendments to its existing pension fund … Read more