Private sector can build their launchpads in Sriharikota, ISRO Chief K. Sivan

Private sector can build their launchpads in Sriharikota, ISRO Chief K. Sivan

New Delhi: Indian Space Research Organisation (ISRO) Chief K. Sivan said that after opening up the Indian space sector, now, the private sector can build their own launchpads in Sriharikota. The process of including the private sector, in the space sector, has been initiated. In view of this, the companies from the private sector, interested […]

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India will become Atmanirbhar if attention is paid to 15 sectors, claims ASSOCHAM

India will become Atmanirbhar if attention is paid to 15 sectors, claims ASSOCHAM

New Delhi: If the goal of making India Atmanirbhar (Self-Reliant) has to be achieved, special attention must be provided to 15 sectors. The Associated Chambers of Commerce and Industry of India (ASSOCHAM), the apex organisation of the entrepreneurs in the country, claimed that if the production capacities in these sectors are increased, the country can […]

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Chinese companies banned from highway projects and MSME sectors too, Union Minister Nitin Gadkari

Chinese companies banned from highway projects and MSME sectors too, Union Minister Nitin Gadkari

New Delhi: Following the ban on 59 Chinese apps, the government is preparing to deliver another strong jolt to China. Nitin Gadkari, Minister for Micro, Small, medium enterprises (MSME), informed that the government is preparing a policy to stop Chinese investment in the infrastructure and MSME sectors. Gadkari said that the government would ensure that […]

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Union government introduces equity infusion for the MSME sector   

Union government introduces equity infusion for the MSME sector   

New Delhi/ Mumbai: The government has announced extensive measures for the Micro, Small and Medium Enterprises (MSME) sector that provides employment to 11 crore people and holds 21% contribution to the Indian GDP. On Monday, the Union Ministry approved a package worth ₹70,000 crores for the sector. Besides, it also includes equity worth ₹50,000 crores. […]

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New government policy for public sector: Union Finance Minister Sitharaman

New government policy for public sector: Union Finance Minister Sitharaman

New Delhi: Union Finance Minister Sitharaman announced that the government is forming a new policy for the Public Sector Enterprises (PSE). The Finance Minister was announcing the fifth and final phase of the economic package announced by Prime Minister Narendra Modi. Sitharaman made a huge announcement of privatisation of all PSEs except the strategic sector. […]

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Foreign investment limit set to 74% for the defence sector: Ordnance factories to be corporatised

Foreign investment limit set to 74% for the defence sector: Ordnance factories to be corporatised

New Delhi: The Union government has taken a major decision of increasing the cap on foreign investment, in the defence equipment manufacturing sector, from 49% to 74%. Prime Minister Narendra Modi had announced an economic package of ₹20 trillion to provide an impetus to the country’s economy. While revealing the details of the package, Finance […]

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Indian coal sector to be opened for private companies: major decision by the Union government

Indian coal sector to be opened for private companies: major decision by the Union government

New Delhi: Finance Minister Nirmala Sitharaman made some more relevant announcements, in line with the Self-Reliant India Campaign, on Saturday. The government has ended its monopoly in the Coal sector and professional excavation will begin in this sector. All the mines in possession of Coal India Limited will be made available for the private sector […]

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Union Finance Minister announces additional benefits for the agricultural sector

Union Finance Minister announces additional benefits for the agricultural sector

New Delhi: On Friday, Finance Minister Nirmala Sitharaman declared additional benefits for the joint ventures of farmers and agriculture businesses. The Finance Minister also shared information regarding the new plans to be implemented for businesses such as fishery and pisciculture. Besides, vaccination programmes will be held for 53 crore cattle too. Most importantly, the Finance […]

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