Domestic Tourism in India Booming with significant growth in Domestic Tourist visits
Ministry of Tourism compiles data on tourist arrivals and visits to States/ Union Territories (UTs) on the basis of details received from various sources namely Bureau of Immigration and States /UTs.
Recognizing the important role played by Civil Society Organizations (CSOs) in effective implementation of government policies/schemes, NITI Aayog organized an interaction with the leading CSOs and key ministries of the Union Government in the national capital on Wednesday, March 01, 2017.
17.8% Growth in Foreign Exchange Earnings in January 2017 Over the Same Period in 2016
Foreign Exchange Earnings (FEEs) during the month of January 2017 were Rs.16,097 crore as compared to Rs.13,669 crore in January 2016 and Rs.12,100 crore in January 2015. The growth rate in FEEs in rupee terms during January 2017 over January 2016 was 17.8% as compared to the growth of 13.0% in January 2016 over January 2015.
The Minister of State for Commerce & Industry (Independent Charge), Smt. Nirmala Sitharaman, will inaugurate the second edition of the National Conference on “Economics of Competition Law” organised by Competition Commission of India (CCI) on March 2-3, 2017 at the India Habitat Centre, New Delhi.
Dr. Arvind Subramanian, Chief Economic Advisor, Ministry of Finance, Government of India will deliver the Keynote Address at the Inaugural Session of the Conference as the Guest of Honour.
An increase in IBRD’s support is imperative to meet India’s current requirement of USD 5-7 billion
The Union Minister of Finance, Shri Arun Jaitley, emphasized the need for increasing the World Bank Portfolio for India at a meeting with Ms. Kristalina I. Georgieva, the Chief Executive Officer, World Bank Group today.
Central Board of Direct Taxes (CBDT) signs ten (10) more Advance Pricing Agreements (APAs) pertaining to various sectors of the economy like Telecom, Pharmaceutical, Banking & Finance, Steel, Retail and Information Technology etc.; With this, the total number of APAs entered into by the CBDT reaches 140.
UD Minister says investment meets of States of no use without city infrastructure and sanitation
Shri M.Venkaiah Naidu urges States and Cities to focus on Solid Waste Management
Green Mobility, Transit Oriented Development, Metro Policy, City Liveability Index endorsed by States
Shri Rupala launches NDDB’s Cattle Feed Knowledge Portal
Commerce and Industry Minister Smt..NirmalaSitharaman has said that trade with the CLMV countries grew from USD 1.5 bn to more than USD 10 bn in the last 10 years and expressed hope that India will be able to partner in more trade initiatives with these countries to develop a strong India-CLMV vertical within the ASEAN market.
The Cabinet Committee on Economic Affairs (CCEA) has approved the award of 31 contract areas as part of the Discovered Small Field (DSF) Bid Round 2016. These fields were offered under new policy for small fields known as Discovered Small Field (DSF) policy, 2015, which offers improved fiscal terms with the aim to enhance Oil and gas production and reducing import dependency of the country.
I&B Minister meets Ukrainian Delegation
NITI Aayog has organized a two day long high level workshop on advancing passenger mobility and transportation on February 27-28, 2017 in the national capital. The workshop in association with Rocky Mountain Institute, an international non-profit organization, will explore technologies and business models to help India leapfrog traditional approaches to passenger mobility and transportation.
Sixty four (64) exporters dealing into range of Agriculture and Processed Food products are participating under the banner of APEDA.(The Agricultural and Processed Food Products Export Development Authority) an apex organization under the Ministry of Commerce & Industry in the Gulf Food 2017 in Dubai.(26THFEBRUARY- 2ND MARCH 2017) .
In its 7th meeting on the February 11, 2017 VCIC examined requests from 11 fund managers and cleared for sanction requests from 9 Funds aggregating Rs. 300 crores. It is evident that there is a significant upsurge in the fund of funds operations if seen from the number of funds supported by SIDBI during the current FY. During FY 15 and 16 sanctions were made to 11 funds (Rs. 314 crores) and 16 funds (Rs. 607 crores) respectively while the number during the current FY has already crossed Rs. 1112 crores to 30 funds.
1st Indian Petroleum Minister to visit Myanmar in last 12 years
Put forth proposals on participation by Indian O&G companies in Mid & Down Stream sector of Myanmar