The Solar Energy Corporation of India (SECI) conducted reverse auctions, which saw solar tariffs in India seeing the lowest ever level, at ₹ 2.44 per unit in May 2017 for 200 MW and again twice in July 2018, for 600 MW in each instance. The Director General of Trade Remedies (DGTR)
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President Inaugurates One District One Product Summit
President Ram Nath Kovind inaugurated the “One District One Product” Summit in Lucknow, Uttar Pradesh. The president told the audience that Micro, Small and Medium Enterprises (MSMEs) are the backbone of the country’s economy, and is the second largest employer after the agricultural sector. He added that the MSMEs offer more
PM Modi Says Biofuel can provide Momentum in this century
Prime Minister Narendra Modi says Biofuels can be the catalyst to provide momentum in the 21 st century. He said this while addressing gathering of people from various backgrounds such as farming, science, business, students, government officials, legislators and more, in New Delhi. Biofuel, products produced from crops can change the
MSME Sector gets some relief as Lok Sabha Passes GST Bills
IISc installs newly-developed portable air sensor in Peenya
[vc_row][vc_column][vc_column_text]The Indian Institute of Science (IISc) has installed two air sensors in Peenya and the IISc campus on a trial basis. A team of scientists at the IISc, led by Mahesh Kashyap, has developed an “air sensor” to measure the quantity of carbon dioxide, nitrogen oxide and sulphur oxide in
Poor Quality Chinese Goods Troubling Indian Industry
A Parliamentary Committee submitted its 55th report on “Impact of Chinese Goods on Indian Industry” to the government. The government presented this report in the Rajya Sabha, which recommended completely protecting the Indian industry against illegitimate, protectionist and unfair trade practices of any country. The parliamentary committee noted in the report
World Biofuel Day on 10 August
To highlight the importance of non-fossil fuels as alternative to the normally used fossil fuel, the World Biofuel Day is observed every year. The World Biofuel Day also highlights the efforts that the governments have made in this sector. In India, the Ministry of Petroleum and Natural Gas has been
Government Puts Forth 4 GST Amendment Bills to Help MSMEs
Karnataka to set 5 technology hubs for start-up innovations
[vc_row][vc_column][vc_column_text]The Government of Karnataka intends to boost technology-based start-up companies. Information Technology Minister K J George said that the government is establishing five technology hubs across Karnataka for start-up companies to innovate in product manufacturing, and cater to the domestic and export markets. George said that the government set up the
FICCI Welcomes GST Council Initiative To Address MSME Issues
The Federation of Indian Chambers of Commerce & Industry (FICCI) has welcomed the Goods and Service Tax (GST) Council’s initiative to discuss the issues that Micro Small and Medium Enterprises (MSMEs) face. FICCI President Rashesh Shah said that the group of ministers headed by the Minister of State for Finance