Union Budget 2021-22

States granted financial incentives to boost power sector reforms
Power

States granted financial incentives to boost power sector reforms

In a significant move to strengthen the power sector and encourage reforms, the Department of Expenditure, Ministry of Finance, has…
Various steps taken to ramp up production of Iron ore & Steel
Steel

Various steps taken to ramp up production of Iron ore & Steel

Government has taken various steps to ramp up production of iron ore and steel to increase their domestic availability e.g.…
Metals sector can play important role in Aatmanirbhar Bharat
Steel

Metals sector can play important role in Aatmanirbhar Bharat

Urging the industry to take advantage of PLI scheme for the specialty steel, he calls for developing a new manufacturing…
Policy and regulatory framework for DISCOMs in the offing
Power

Policy and regulatory framework for DISCOMs in the offing

Prime Minister Narendra Modi said the Centre is working to remove problems in the distribution sector and a policy and…
Budget augments capital of SECI and IREDA
Renewable Energy

Budget augments capital of SECI and IREDA

Finance Minister Nirmala Sitharaman in her budget speech 2021-22 announced capital Augmentation of Solar Energy Corporation of India Limited (SECI)…
Kerosene subsidy eliminated via small price hikes
Oil & Gas

Kerosene subsidy eliminated via small price hikes

Government has eliminated subsidy on poor man's fuel kerosene through small fortnightly price increases and the fuel sold through the…
Chromeni Steels welcomes proposal to rollback steel duties
Steel

Chromeni Steels welcomes proposal to rollback steel duties

Chromeni Steels Private Limited has welcomed recently announced budget 2020-21 proposal to revoke provisional countervailing duty imposed on Flat rolled…
Govt holds BCD but hikes duty on solar inverters, lamps
Renewable Energy

Govt holds BCD but hikes duty on solar inverters, lamps

Government proposed to raise import duty on solar inverters and lanterns or lamps but did not go ahead with its…
Total investments by power PSU to rise 19% to Rs 60,000 cr
Power

Total investments by power PSU to rise 19% to Rs 60,000 cr

Government has increased total investments by eight state-owned power companies, including REC Ltd, by over 19% to Rs 59,990.52 crore…
Rs 3L Cr scheme to provide assistance to DISCOMs
Power

Rs 3L Cr scheme to provide assistance to DISCOMs

Nirmala Sitharaman in her budget speech of 2021-22, proposed an outlay of Rs 3,05,984 crore over 5 years to provide…
Highest ever capital outlay of Rs 1,08,230 crore for MoRTH
Infrastructure

Highest ever capital outlay of Rs 1,08,230 crore for MoRTH

Nirmala Sitharaman announced several measures to augment road infrastructure in the Union Budget 2021-22 presented in the Parliament. An enhanced…
National Rail Plan to create Future Ready Railway System
Infrastructure

National Rail Plan to create Future Ready Railway System

Indian Railways has received a record outlay of Rs 1,10,055 crore, of which Rs 1,07,100 crore is for capital expenditure.…
National Infrastructure Pipeline DFI proposed to be set up
Oil & Gas

National Infrastructure Pipeline DFI proposed to be set up

Minister for Finance, Nirmala Sitharaman announced that in order to achieve the target of National Infrastructure Pipeline (NIP) in the…
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