Govt to make 4 mega food parks operational in 3 months
The Dollar Business Bureau The government on Tuesday said that it is working for the development of food processing industry at a rapid pace and around 4 mega food parks will become operational in the coming three months. The industry is keenly interested in food processing sector as the Central government has got 300 proposals for establishing new cold chains, it said. “Just two mega food parks came into operation during 2009 and 2014, while 6 mega food parks became operational during the last three years – from 2014 to 2017. Similarly, 42 mega food parks will come into operation by 2019,” said Minister of State for Food Processing Industries Sadhvi Niranjan Jyoti, while speaking at an event organised by ASSOCHAM. “Four mega food parks ...
Government to develop new cargo terminals at 24 airports
The Dollar Business Bureau The government has identified 24 airports across the country for the development of cargo terminals. Airports located in tier-2 and tier-3 cities have been identified where common user domestic cargo terminal (CUDCT) will be established after checking feasibility, Mahesh Sharma, Minister of State, Civil Aviation, said in Lok Sabha. The facilities will be developed after carrying out feasibility study and minor modifications in the old/redundant passenger terminal buildings, he said. The Airports Authority of India (AAI) has decided to utilise redundant passenger buildings with minor modifications such as civil or electrical works or by creating a new facility for international cargo operations. The AAI has already established common user domestic air cargo terminals at Coimbatore, ...
Centre to explore ways to use alternate fuel
The Dollar Business Bureau The government will formulate a new policy to check carbon emission from increasing number of vehicles and explore ways to use alternate fuel. An expert committee, which was formed to draft Auto Fuel Vision and Policy 2025, has suggested measures to improve auto fuel quality, cut emission from vehicles and availability of fuels, Minister of State, Petroleum and Natural Gas, Dharmendra Pradhan told Lok Sabha on Monday. The committee under the chairmanship of Soumitra Choudhuri, member of Planning Commission, has also recommended suitable mix of auto fuels including gas and its specifications. The panel has made various recommendations including a roadmap for phased introduction of BS-IV and BS-V auto fuels in the entire country. As ...
Centre plans to improve thermal power generation
The Dollar Business Bureau Thermal power plants in India generated 878 BU during the last year, registering 10.83 % growth as compared to the figure of 792 BU a year ago. The government has taken slew of measures to improve power generation capacity in the country, Piyush Goyal, Minister of State, Power, Coal & New and Renewable Energy said in a written reply to a question in the Rajya Sabha on Monday, reported PIB. Re-allocation of coal blocks cancelled by the Supreme Court through auction, supplying adequate natural gas to gas-based power plants and modernization of several units were part of the measures to improve the country’s capacity of electricity generation. A total of 70 thermal generation units with ...
Employment likely to grow in tandem with growth in MSME sector
The Dollar Business Bureau “With the Ministry of MSME implementing a number of schemes and programmes for the benefit of MSME Manufacturing sector across the country relating to credit, infrastructure development, and technology upgradation, employment in MSME manufacturing segment is growing in tandem with the growth in the number of enterprises,” said Minister of State, Micro, Small and Medium Enterprises, Giriraj Singh. The MSME Manufacturing sector has great potential to create more jobs in the country. As per the results of Fourth All India Census of Micro, Small & Medium Enterprises (MSME) and Economic Census 2005, the number of working enterprises in MSME sector was 361.76 lakhs in the year 2006-07 and was 467.56 lakhs in the year 2012-13 ...
MSME Sector to play a key role in Make in India campaign
The Dollar Business Bureau “The government will support MSME Clusters for global competitive manufacturing through setting up of 15 new Technology Centres with World Bank assistance, augmenting the 18 existing TCs with new technologies and testing facilities,” Minister of State, Micro, Small and Medium Enterprises, Mr Giriraj Singh. As MSMEs are important part of several values chains, it is expected that they will play an important role in the Government’s ‘Make in India’ drive. The Minister said that his Ministry will rise to the challenge through action plans directed at enhancement of the provision of collateral free credit through creation of state verticals for extending guarantees to the entrepreneurs of particular state with financial support from state governments. Creation ...
