To encourage exports from the district, an export action plan has been prepared by the Department of Industries, on which a meeting of the District Export Promotion Committee was held through a video conference under the chairmanship of Collector Shri Shiv Anant Tayal. At the meeting, the collector inquired about the current status and prospects of exports from the district. General Manager K.K. s. Meena said that rice and cotton are being exported from the district, but their number is very less. Therefore, the objective of the meeting is to encourage entrepreneurs to directly promote exports from the district and make them aware of the process of export. Also, the general manager was informed about the possibilities of exports in pulses, kodo, turmeric, spices and handicrafts etc. In the meeting, the Deputy Director of Industries Department, Sanjay Gajghate, in the Industrial Policy 2019-24, the new industries, which have been exporting, from the unit site to the export site, the maximum fare of 20 lakh. Gave information about the annual grant. Joint Director of Micro, Small and Medium Enterprises Development Institute, Raipur informed about formation of export cell, from where entrepreneurs can get guidance regarding problems faced in the export process. The officers of the Director General, Foreign Trade Office, Nagpur gave detailed information about the schemes and export procedure of the Central Government. The possibilities of export from the district were discussed by the Deputy Director Agriculture, Assistant Director Horticulture, Agriculture College Saja Dean present in the meeting. The industrialists of Shri Shanti Industries and Agrasen Agro of the district got solution to their doubts regarding the export and also sought to make the process of export easy and the established industries exporting should benefit from rebates, grants and concessions Has gone.
Tag: Industries
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Tea gardens and bamboo industry of Chhattisgarh will get benefit of Assam’s expertise
Bhupesh Baghel met a delegation of Assam’s industrialists in Jorhat on the second day of his two-day visit to Assam today. He explained in detail the characteristics of Chhattisgarh with tea cultivation and bamboo and small forest produce based industries here. During the discussion, he invited these industrialists to set up tea and bamboo industries in Chhattisgarh. Representatives from various industries were present on this occasion along with tea producers. A delegation of industrialists from Assam also presented special hand-crafted tea to the Chief Minister.
44 percent of the forest is in Chhattisgarh. There is a large amount of hypnosis. At present, 52 minor products have been brought under the support price. In order to increase the income of forest dwellers in the state and to provide them continuous employment, the processing and value addition of micronutrients is being promoted. He said that Chhattisgarh is famous all over the country for paddy production. Sugarcane crop is also being taken on a large scale here. Now fruits and horticultural crops are also taken on a large scale in the state, their processing industries have immense possibilities here. The weather of Jashpur district is favorable for tea cultivation, tea plantation is being promoted there. He informed the industrialists of Assam about the possibilities of tea industry and invited them to invest in these areas.
Giving detailed information about the possibilities of setting up industries in horticulture and agriculture sector, the Chief Minister said that tomato is widely grown in many regions of Chhattisgarh. The tomato here goes to Pakistan. Bamboo is also being produced on a large scale in forest areas. The forest dwellers are being given employment through all these. In the field of bamboo crafts too, the industrialists here can set up industries by adding value. He said that various artistic objects are also prepared in Chhattisgarh. Bastar art is preferred here and abroad. Various crafts of the state are being encouraged. These craftsmen are also being encouraged to provide markets and value editions as per the time. -
Gujarat unveils new Solar Power policy, move to trigger growth of small scale projects
Gujarat Chief Minister Vijay Rupani on Tuesday announced a new Solar Power Policy, which is aimed at providing additional benefits to residential, individual and commercial developers for next 5 years.The policy announced by CM Rupani allows the consumers to lease out their roofs or premises to third party for generation and consumption of power in the same premises.
CM Rupani said, “The State Government had implemented Solar Policy in 2015 to increase the growth of solar energy sector and provide affordable electricity to the people. Considering the overwhelming response to this policy, the Government of Gujarat is now going to implement the new “Gujarat Solar Power Policy 2021” to ensure clean, environmentally friendly and sustainable energy in the state.”
He further added that Gujarat has taken various proactive measures and made rapid strides to take the development of Renewable Energy in the state to a new height. This has resulted into overall growth of renewable energy sector and made Gujarat a leader in the country.
Increase in consumption & production of solar energy in the state will bring down production cost for industries and accelerate the ‘Made in Gujarat’ brand and increase its presence in global market.
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Another big deal by Ambani, Reliance will buy 50 percent stake in this American sports company
During the Corona call, the Reliance Company’s deal, which is among the largest companies in the country, is moving towards buying the stake of an American company. Reliance Industries, led by billionaire industrialist Mukesh Ambani, has announced the acquisition of IMG Worldwide LLC’s stake in its sports management joint venture for Rs 52.08 crore.
According to the market valuation, the country’s largest company, in the information sent to the stock markets, said that it is IMG-Reliance Ltd. (IMG-R) will acquire IMG Worldwide’s 50 percent stake in a cash deal of Rs 52.08 crore. After the completion of this deal, Reliance Industries will do branding of the company afresh. Reliance Industries formed a joint venture with international sports marketing and management company IMG Worldwide in 2010 for equal partnership. This joint venture was for marketing and management of sports and entertainment in the country. IMG is a leading player in the sports, fashion, events and media sectors.
It has operations in more than 30 countries. It is part of the Endeavor network. The information states that the company has acquired IMG Singapore Pte Ltd in IMG-R. Has made a definitive agreement for the acquisition of shares. The deal will be for a maximum of Rs 52.08 crore.
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There will be no shortage of iron ore and coal for local industries: Mr. Bhupesh Baghel
Chief Minister Mr. Bhupesh Baghel has said that there will be no shortage of iron ore and coal for local industries in Chhattisgarh. The State Government is continuously making efforts in this regard with NMDC and Central Government. He has asked industrialists of Chhattisgarh to set up small units of industries for value addition in small forest produce in forest areas of the state including Bastar. Chief Minister Mr. Baghel was addressing the ‘Nava Bihan of Chhattisgarh’ program held at a private hotel in the capital Raipur today.
The Chief Minister said that during the Corona crisis, when the entire country was affected by the economic recession, the industry in Chhattisgarh remained untouched by the recession. During the lockdown, Chhattisgarh’s industries started functioning in the first month of April in the country. Our industrialists contributed significantly to this. Chhattisgarh tops the GST collection today. The credit for this also goes to the people of our industry and business. Production continued even during the Corona crisis in iron ore and coal mines in Chhattisgarh. Mr. Baghel said that the state government, in consultation with industrialists, laid down the new industrial policy of the state. Due to which 103 MoUs were signed in the last two years. A capital investment of Rs 42 thousand crore is proposed in the state through these MoUs. The Chief Minister said that now the challenge of implementing these MoUs is with the state government as well as industrialists. The Chief Minister asked the officers to work in a professional manner for the implementation of these MoUs. Officers should work in better coordination with industrialists to establish industries.
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US Imposes Sanctions On Ally Turkey Over Purchase Of S-400 Missile System From Russia
The United States on Monday, December 14 imposed sanctions on its NATO ally Turkey for purchasing S-400 surface-to-air missile system from Russia. The US Department of State imposed an embargo on Turkey’s primary defence procurement agency Presidency of Defense Industries (SSB) for purchasing the missile system from Rosoboronexport (ROE), which is Russia’s main arms export entity. The United States added that the sanctions are not meant to undermine the military capabilities or combat readiness of Turkey, but rather to impose costs on Russia.
The United States justified the sanctions on ally Turkey, saying Washington on numerous occasions had made clear to Ankara that its purchase of the S-400 missile system would not only provide funds to Russia’s defence sector but also endanger the security of the US military technology and personnel. The US said that Turkey, despite the availability of alternative NATO-interoperable systems, decided to go ahead with the testing and purchasing of the S-400 missile system from Russia.
The decision of Turkey to purchase the missile system from Russia led to the suspension and their temporary removal from the F-35 Joint Strike Fighter partnership, which is a global coalition between the US and its allies to invest in the development and procurement of F-35 fighter jets that are being developed by American firm Lockheed Martin.
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Reliance Jio will launch its 5G service in the country next year: Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani has announced that Reliance Jio plans to launch its 5G service in the country in the second quarter of 2021. Speaking at the Indian Mobile Congress, Mukesh Ambani said that policies are needed to make 5G services early in the country and to make it affordable to make it available everywhere.
Mukesh Ambani said that I can assure you that Jio will be at the forefront of 5G revolution in India and in the second quarter of 2021 we will start our 5G services. He said that domestically developed network, hardware and technology equipment will be used in it. Jio’s 5G service will be the biggest step ever taken towards self-reliant India.
He said that today India is among the best digitally-connected countries in the world. But here 300 million phone users are still stuck in 2G and policy steps are needed to bring them into the world of smartphones, so that they too can become capable of digital transactions. He said that India has full potential to grow as a manufacturing center for semiconductor. We cannot depend on large quantities of imports.
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Indian industries should emphasize on ensuring quality: Minister Piyush Goyal
Union Minister of Commerce and Industry Piyush Goyal has stressed on ensuring quality and productivity from industries, that for this manufacturing manufacturers, service providers and traders will have to work together.
Mr. Goyal said in a meeting with representatives of industry organizations on Tuesday that the profits of most companies have increased in the last quarter. This indicates that the use of lock-downs caused by the Corona epidemic has allowed industries to increase productivity and ensure quality Have done He said that to get a place in the international market, Indian industries should insist on ensuring quality. Increasing productivity will be necessary to maintain the supply chain. -
PM’s Bold Reforms Will Pave Way For India’s Rapid Economic Progress: Mukesh Ambani
Reliance Industries Limited Chairman Mukesh Ambani on Saturday said that “bold reforms” introduced under the leadership of Prime Minister Narendra Modi will pave the way for India’s rapid economic progress in the years to come.
Addressing Pandit Deendayal Petroleum University’s (PDPU) students virtually during the convocation ceremony, he said “his (PM Modi) passionate and dynamic leadership has made the world sit up and take notice of the emergence of a new India. His confidence and conviction have inspired and galvanised the entire nation.”
“I am sure that the bold reforms introduced under his leadership will pave the way for India’s swift recovery and rapid economic progress in the years to come,” Mr Ambani added.
Talking about days when PM Modi was Gujarat Chief Minister, he said, “…All of us know that PDPU itself is a product of Honourable Prime Minister Narendra bhai’s ”Atma Nirbhar” vision. It is a vision he cherished even when he was the Chief Minister of Gujarat
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Google gets approval to buy 7.73% stake in Jio platforms
Competition Commission of India (CCI) has approved the proposed deal to buy out 7.73% stake in Mukesh Ambani’s Jio Platforms to Diggaj Internet company Google. CCI gave information about this by tweeting on Wednesday. It is to be known that this deal was announced in July this year.
CCI said that Google and Jio have entered into a deal to invest Rs 33,737 crore ($ 4.5 billion) to buy a 7.7 percent stake in the platforms. With this, Google and Jio Platforms Limited (JPL) will get the facility to develop and launch new smartphones in the country.
It is noteworthy that for deals above a limit, approval from CCI is required. Through this step, unfair trade is kept under control. Mukesh Ambani, chairman of Reliance Industries Limited, said in July that Google had given its consent to invest in JPL.