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Finance Minister Smt. Nirmala Sitharaman reviews implementation of Aatma Nirbhar Bharat Package pertaining to Ministries of Finance & Corporate AffairsFinance Minister Smt. Nirmala Sitharaman reviews implementation of Aatma Nirbhar Bharat Package pertaining to Ministries of Finance & Corporate Affairs
Hon’ble Prime Minister Shri Narendra Modi on May 12th, 2020, announced the Special economic and comprehensive package of Rs. 20 lakh crore - equivalent to 10% of India’s GDP – to fight COVID-19 pandemic in India. He gave a clarion call for Aatma Nirbhar Bharat or Self-Reliant India Movement. He also outlined five pillars of Aatma Nirbhar Bharat – Economy, Infrastructure, System, Vibrant Demography and Demand. Following the call of the Hon'ble Prime M..
Riding on excellent outcome of its efforts, MSME Ministry substantially widens request to India Inc. for making payments to MSMEs; writes to over 2800 corporates to clear MSME dues
Riding on excellent outcome of its efforts, the Union Ministry of Micro, Small and Medium Enterprises( MSME) has substantially widened its request to India Inc. for making payments to MSMEs against their dues of goods and services rendered. MSME Ministry has now written to top management of over 2800 corporates by name to make payment of pending dues of MSMEs in this month itself. Last month, It may be noted, Ministry of MSME had written to Top 500 corporates of India about ..
Extension of due dates for Annual Return and Reconciliation Statement for 2018-19
The Government has been receiving a number of representations regarding need to extend due date for filing Annual Return (FORM GSTR-9) and Reconciliation Statement (FORM GSTR-9C) for 2018-19 on the grounds that on account of the COVID-19 pandemic related lockdown and restrictions, normal operation of businesses have still not been possible in several parts of the country. It has been requested that the due dates for the same be extended beyond 31st October 2020 to enable the businesses and auditors to co..
20 Mega Food Park projects set up with the support of Central Government
Kerala's first and nation's twentieth mega food park in Palakkad district of Kerala was virtually inaugurated today by the Union Minister for Food Processing Industries, Agriculture and Farmers Welfare, Rural Development and Panchayati Raj, Shri Narendra Singh Tomar and Chief Minister of Kerala, Mr. Pinarayi Vijayan. Union Minister of State for Food Processing Industries, Shri Rameshwar Teli was also present on the occasion. This project will give impetus to the development of food processing sec..
Global Competition in Steel Industry
Indian steel companies including the public sector steel companies have consistently enhanced their capacities, production and sales including exports over the years. Capacity for domestic crude steel production has been expanded from 109.85 Million Tonnes Per Annum (MTPA) in 2014-15 to 142.29 MTPA in 2019-20 while crude steel production has gone up from 88.98 MTPA in 2014-15 to 109.14 MTPA in 2019-20. India was a net exporter of steel in 2019-20 and during the period of April-August, 2020, steel exports..
Government to set up Medical Devices Park in Kerala
Kerala will soon house one of the first medical device parks in the country, focusing on the high-risk medical device sector to provide full range of services for the medical devices industry like R&D support, testing, and evaluation.  MedSpark, the medical devices park envisaged as a joint initiative of Sree Chitra Tirunal Institute for Medical Sciences & Technology (SCTIMST), an autonomous institute of the Department of Science and Technology (DST), Govt. of India, and the Kerala..
Development in MSME Sector
As a measure to help the MSMEs grow, the Government, vide notification no.S.O. 2119 (E) dated 26.06.2020, has notified composite criteria of classification of MSMEs based on investment in plant and machinery or equipment and turnover of the enterprise. The new criteria is effective from 1.7.2020. However, to provide hassle free transition from old system of Udyog Aadhaar Memorandum to Udyam Registration, 31.03.2021 has been fixed as deadline. The New criteria provides that the turnover with respect to ex..
English rendering of PM’s address in the 17th Episode of Mann Ki Baat 2.0 on 25.10.2020
My dear countrymen, Namaskar. Today is the festival of Vijaydashami, that is Dussehra. On this auspicious occasion, heartiest greetings to all of you. The festival of Dussehra is one of the triumph of truth over untruth. But, simultaneously, it is also the festival of victory of patience over crises. Today, all of you are carrying on with immense patience, celebrating the festival with restraint….and hence, in our ongoing fight, our victory too is assured. Earlier, people used to throng Durga Pand..




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