GOI: Draft New Industrial Policy and National E-Commerce Policy to be released soon

On March 18, 2020 the Ministry of Commerce and Industry announced in the parliament that New Industrial Policy and National E-Commerce Policy are to be released soon. The policies are to be framed by the Department of Promotion of Industry ..

Month: Current Affairs - March, 2020

International Conference on Nano-Science and Nano Technology held in Kolkata

On March 5, 2020, the Department of Science of Technology operating under Ministry of Science and Technology organized an International Conference on Nano-Science and Nano Technology (ICONSAT) at Kolkata. The Conference is to be held between March 5, 2020 and ..

Month: Current Affairs - March, 2020

Corona Virus: World Bank announces 12 billion USD aid

On March 3, 2020, the World Bank announced 12 billion USD to assist countries that are grappling with economic impacts of corona virus. The virus has reached 60 countries so far. Highlights The World bank is to provide the financial ..

Month: Current Affairs - March, 2020

Budget 2020: Economic Development-Commerce, Industries and Infrastructure

The Union Budget 2020 was presented by the Finance Minister Shrimati Nirmala Sitaraman. The budget was presented under three themes namely Aspirational India, Economic Development and Care Giving. The Economic Development includes industries, commerce and manufacturing. The Finance Minster referred ..

Month: Current Affairs - February, 2020

NITI Aayog: List of high export potential medical devices created

The Government Think Tank Niti Aayog draws up list of medical devices that have high export potential. It has come up with 10 devices to provide priority subsidies. It includes surgical blades, orthopaedic implants, catheters, syringes and needles, X-ray machines, ..

Month: Current Affairs - January, 2020

11th Regional Quality Conclave in Uttarakhand

The Quality Council of India(QCI) along with the PHD Chamber of Commerce and Industry(PHDCCI) will be organizing the 11th edition of the Regional Quality conclave on Friday, 20th December 2019. The conclave will be organized at Rudrapur, Udham Singh Nagar ..

Domain wise Highlights from India Skills Report 2019

The India Skills Report 2019 was prepared by conducting a survey from more than 3,10,000 students across 29 states, 7 Union territories and from above 100 employers. This year marks the sixth edition of the most referred and only report ..

Govt scraps import duty on open cell TV panel used to make TV sets

In a bid to boost domestic manufacturing, the Central government has removed 5% custom duty that was imposed on import of open cell TV panel. Open cell TV panel are used in manufacturing of television sets such as LED TVs. ..

Month: Current Affairs - September, 2019

Khadi and Village Industries Commission (KVIC) launches first-ever ‘Terracotta Grinder’ in Varanasi

The Khadi and Village Industries Commission (KVIC) has launched the first-ever ‘Terracotta Grinder’ at Sewapuri in Varanasi. This machine can be used to grind wasted and broken pottery items for re-use in pottery-making. The Terracotta grinder was designed by the ..

Ordnance Factory Board

The Ordnance Factory Board (OFB) is the world’s largest government-owned and operated defense production organization. About the Ordnance Factory Board The Ordnance Factory Board is the oldest organization run by the Government of India. It is an industrial organization which ..