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    Delhi Budget Speech 2015-16 of Shri Manish Sisodia (Dy.Chief Minister) - Called it First 'Swaraj Budget" of the country.
    A brief on CENTRAL PULP & PAPER RESEARCH INSTITUTE (CPPRI) SAHARANPUR (U.P.) - Set up in November 1980 as a nodal centre for carrying out research in ...
    All India Gems & Jewellery Trade Federation views & suggestions on "Draft Gold Monetization Scheme” announced by the Government of India - Suggestio...
    Invitation of memoranda on the subject ‘Export Infrastructure in India'.
    Review of Infrastructure Performance during 2014-15 - The overall power generation during the period at over 1110 Billion units (BU) was 8.85 percent ...
    Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
    Government approves 16 proposals of FDI amounting to ₹ 6750.86 Crore approx. based on the recommendations of FIPB.
    India’s Foreign Trade (Merchandise): May, 2015 including INDIA’S FOREIGN TRADE (SERVICES): APRIL, 2015
    Indirect Tax Revenue (Provisional) collections increase from ₹ 36,408 Crore in May, 2014 to ₹ 49,993 Crore during May, 2015 - An Increas...
    Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
    Raising of Minimum Import Price (MIP) on import of Arecanuts
    Second Bi-monthly Monetary Policy Statement, 2015-16 Dr. Raghuram G. Rajan, Governor
    Index of Eight Core Industries (Base: 2004-05=100), April, 2015
    Big Push to Private Participation in Defence Manufacturing: Government Provides Level Playing Field with Defence PSUs
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    June 30, 2015
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    Participatory budgeting empowers citizens via Swaraj Fund to select local projects and condition payments on citizen approval.
    The budget establishes Participatory Budgeting via the Swaraj Fund to allocate constituency funds selected and monitored by citizens, conditions contractor payments on citizen approval of completed works, and creates district-level DUDA to execute these and MLA-recommended projects while implementing digital governance, centralized procurement, and Direct Benefit Transfer for social assistance.
    June 30, 2015
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    Standards assistance advances regulatory compliance through technical support to environmental and energy regulators and industry.
    Central Pulp & Paper Research Institute (CPPRI) is a society-registered nodal R&D centre focused on raw material and product development, energy conservation and environmental management for the pulp and paper sector. It provides regulatory and compliance-oriented technical services-advising on wastewater discharge standards and energy norms, standardisation input, instrument calibration, environmental assessments, effluent and lignin system troubleshooting-and delivers training, consultancy and funded research projects while upgrading infrastructure and engaging in international cooperation.
    June 26, 2015
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    Gold monetization: include jewellers as principal collection agents and enable Demat accounts to mobilize idle household gold.
    The submission urges that jewellers be appointed as authorized Collection Centres to market, collect and perform preliminary testing of deposited gold at retail locations, with final assaying by nominated purity testing and refining agencies; it recommends permitting Demat gold accounts alongside bank gold savings accounts, offering attractive tiered interest and longer tenures, establishing operational manuals and audited processes, providing limited tax-immunity up to a reasonable per-person threshold, and forming an apex national industry body or joint committee with government representation to coordinate scheme implementation and outreach.
    June 25, 2015
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    Export infrastructure consultation invites memoranda within a limited period; submission and oral evidence details available online.
    The Parliamentary Standing Committee on Commerce invites written memoranda and offers to receive oral evidence on Export Infrastructure in India, soliciting submissions within a limited period and directing interested parties to the Rajya Sabha website for procedural details; memoranda and correspondence are to be sent to the designated Secretariat contact with provided postal, telephone, fax and email information.
    June 19, 2015
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    Infrastructure performance shows higher power generation and mixed sectoral target attainment for the 2014-15 year.
    Review reports that overall power generation in 2014-15 exceeded the prior year and met or surpassed targets across thermal, nuclear, hydro and renewable sources, with airport passenger throughput above targets. It also notes shortfalls from targets in crude oil, natural gas and highway upgradation, and that several sectoral outputs-though higher year-on-year-remained below their set targets; the findings are published by the Ministry of Statistics & Programme Implementation.
    June 19, 2015
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    Exchange rate determination for customs conversion fixes separate import and export currency rates effective from the notified date.
    Determination of exchange rates under Customs Act authority, effective 19 June 2015, superseding the prior notification while preserving prior acts. Schedules fix rupee equivalents for specified foreign currencies with separate rates for imported and export goods; Schedule II records rates per 100 units for certain currencies. The listed rates govern conversion and valuation for customs purposes from the effective date.
    June 17, 2015
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    Foreign direct investment approvals under FIPB processed across sectors, with approvals, deferrals and rejections reflecting sectoral compliance.
    The Government, acting on FIPB recommendations, processed inbound proposals under the Foreign Direct Investment framework resulting in approvals, deferrals, rejections and non consideration based on sectoral eligibility, corporate form changes and compliance with conditionalities. Sixteen proposals across pharma, telecom, broadcasting, real estate, LLPs, print media and trading were approved via share transfers, fresh equity, convertible instruments, slump sale or LLP conversions. Many proposals were deferred for further scrutiny of downstream investments, changed investor identities, portfolio limits or scheme-of-arrangement issues, while several were rejected for non compliance with sectoral norms or gateway conditions.
    June 16, 2015
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    Trade balance shows widened merchandise deficit despite lower imports as exports fell markedly in May 2015.
    Merchandise exports fell sharply in May 2015 and for April-May 2015-16, while imports declined less steeply; oil imports dropped substantially year on year driving much of the import reduction, non oil imports were stable in May and rose modestly in April-May, and the period recorded a sustained merchandise trade deficit. Provisional April 2015 services data show a services trade surplus where receipts exceed payments.
    June 11, 2015
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    Indirect tax collections rise significantly year on year, partly due to policy adjustments but still positive after adjustment.
    Provisional indirect tax collections increased year on year in May 2015 and for April-May 2015, with central excise, customs and service tax all contributing; central excise recorded the largest percentage rise. The Finance Minister stated that some of the increase reflected Government measures (higher excise on diesel and petrol, higher clean energy cess, withdrawal of exemptions) and that adjusted growth excluding these measures remained positive for May and the two month period.
    June 5, 2015
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    Exchange rate determination for foreign currencies specifies import and export rupee conversion rates for customs valuation.
    The notification prescribes separate rupee conversion rates for specified foreign currencies to be used in valuation of imported and exported goods, with Schedule I quoting rates per single currency unit and Schedule II quoting rates per one hundred units, and distinct import and export equivalents for each listed currency.
    June 3, 2015
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    Minimum import price increase for arecanuts restricts low-duty import routes and tightens origin checks and enforces quality screening.
    Increase of the Minimum Import Price for arecanuts raises the import valuation floor and directs customs and food-safety agencies to enforce stringent quality checks and rigorous rules of origin verification to prevent routing through neighbouring countries under lower-duty arrangements, thereby addressing import circumvention and protecting domestic prices.
    June 2, 2015
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    Monetary policy: repo rate cut 25 bps to 7.25% to support growth amid inflation risks.
    The Reserve Bank cut the policy repo rate by 25 basis points to 7.25%, left the cash reserve ratio at 4.0%, and maintained a suite of liquidity operations (overnight repos, 14-day and longer-term repo auctions, and variable-rate repos and reverse repos) to smooth market liquidity. The reverse repo rate is 6.25% and the marginal standing facility and Bank Rate are 8.25%. The easing is front loaded to support growth amid mixed domestic and global risks, with emphasis on bank transmission, strong food management, and complementary public investment and targeted bank capitalisation.
    June 1, 2015
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    Index of Eight Core Industries shows marginal contraction driven by declines in energy and refinery sectors, with mixed sectoral performance.
    The Index of Eight Core Industries reports a marginal year on year decline in the combined index for April 2015, while April-March 2014-15 cumulative growth was positive. Sectoral results were mixed: coal and steel rose in April; crude oil, natural gas, refinery products, fertilizers, cement and electricity declined or were flat. The release uses base 2004 05=100, provides monthly and annual index series and growth rates, notes revisions to April 2014 data, and states that figures are provisional.
    June 1, 2015
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    Level playing field in defence procurement after withdrawal of tax exemptions, encouraging private and foreign OEM investment.
    The Government removed excise and customs exemptions previously available to the Ordnance Factory Board and Defence PSUs, instituting a level playing field by equalising tax treatment between public suppliers and Domestic Private Players in defence procurement. Complementary measures include raising the FDI cap to 49%, de-reservation of many industrial licence items, and procedural simplifications to encourage private and foreign OEM investment in defence manufacturing and exports.

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