Industry

India has slowly opened up its market for global goods and its trade to GDP ratio has also increased from a mere 15% to a whopping 35% but however, World Trade Organization’s rigid custom rules make it difficult for developing nations including India to have a steady trade flow. So, ...

India has inked 11 advance pricing agreements with multinational companies from sectors such as IT and ITES, investment advisory and services sector. This relates to the pricing of assets, tangible and intangible, and funds that are transferred within an organisation in a cross- border transaction. An Advance Pricing Agreement, or ...

The state government of Uttarakhand has launched its MSME Policy- 2015 to promote investment in MSME sector by providing incentives to MSMEs, promoting investment and making the state an industrial hub.  It basically aims to utilize local resources and to create employment opportunities for educated unemployed people as well as ...

In a bid to technologically upgrade/set up/modernize or expand the food processing industries the central government provides various range of subsidies under the Food Processing Technology Up-gradation Fund Scheme (FPTUFS). However, the government decentralized the scheme in 2007 and made SIDBI (Small Industries Development Bank of India) as one of ...

Facing fodder shortage in the country, Agriculture Minister Radha Mohan Singh said the government would bring out a national fodder policy to boost domestic production. He said that there is a need to make law to stop burning of the crop residues in the field to increase fodder availability and ...

In today’s world it is virtually next to impossible to put a full-stop in the usage of electronics goods like mobile phones, computers and so on. With the rapid boom in the industries like- Telecom; IT and Software; Health Care; Automobile or many others, the demand for electronics good and ...

In a bid to create supportive and favourable atmosphere to set up food processing industries in the state, Government of Uttar Pradesh launched its Food Processing Industry Policy-2012. The policy aims to ensure a fair and financially rewarding price of the products produced to the growers by encouraging value addition. ...

Having an idea to start something anew is not enough; materialization of that idea is where the hard work begins. Startups and entrepreneurship have been seen as the new game changer and there has been a huge boom in the startup industry in India. Industrial growth has been the talk ...

In order to financially assist entrepreneurs and invite industries, Uttar Pradesh Government provides units/enterprises Interest Free Loans under Industrial Investment Promotion Scheme of 2003. Fourth amendment to this scheme was done in 2011. Amount of Loan: The amount of loan given under this scheme is equal to the amount paid ...

Haryana Government launched a scheme on energy conservation in Agriculture sector by providing financial incentives on Energy Efficient 4 star rated pump sets to farmers. Objective: To conserve electrical energy in agricultural industry To manage demand of electrical energy in the said sector To educate farmers to adopt energy efficient ...