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Heavy Industry Ministry

DGTR probes surge in steel imports, to consult MSMEs on safeguard duty

The commerce ministry's investigation arm DGTR has started a probe into an alleged jump in steel imports and it will also consult MSME downstream industries before making its recommendations, a top government official said on Monday. Commerce Secretary Sunil Barthwal said that the ministry has received a request from the steel ministry for conducting the safeguard investigations. "The DGTR is doing it and in the investigation, they look at the whole value chain. So we are looking at not only the HR (hot-rolled) and CR (cold-rolled) coil (steel products) which is coming to India, they are also looking at the requirement of downstream industry whether there is a production imbalance or whether it is an injury because of excess capacity in steel," he told reporters here. He said that all these stakeholders are being consulted including MSMEs as well as the downstream industries, "then only the DGTR will make a recommendation" in this regard. A final call on imposing the duty can be ta

Updated On: 16 Dec 2024 | 6:47 PM IST

HP govt notifies homestay rules, extends special aid to disaster-hit areas

The Himachal Pradesh Cabinet on Thursday approved the recommendations of a sub-committee led by Industries Minister Harshwardhan Chauhan on the operation of homestays in the state, and decided to notify the Himachal Pradesh Homestays Rules, 2024. According to the new provisions, preference will be given to bonafide Himachalis, while the requirement to obtain no objection certificates (NOCs) from the HP Pollution Control Board, local bodies or any other department has been waived, an official statement said. The meeting chaired by Chief Minister Sukhvinder Singh Sukhu also decided to extend the special relief package given to the disaster-hit areas in 2023 to people affected by natural disasters at Samej and Rampur in Shimla district, Jaun-Bagipul and Nirmand in Kullu district, and Tikkam Thalu-Kot in Mandi district during this year's monsoon, in which more than 30 people lost their lives with several still missing. Under the special package, the affected families will receive enhanc

Updated On: 12 Dec 2024 | 11:07 PM IST

Subsidy for cargo electric 3-wheelers restored, cap halved to Rs 25k

By reallocating the FY26 budget to support vehicles sold after November 8, 2024, the ministry aims to strike a balance between maintaining momentum in EV adoption and adhering to fiscal limits

Updated On: 19 Nov 2024 | 8:20 PM IST

Ola Electric executives meet MHI, seeks time to resolve service complaints

Ola Electric has said that the show-cause notice from the CCPA "would not impact" its activities and that the company will file a response to the notice within the 15-day deadline

Updated On: 10 Oct 2024 | 10:55 PM IST

MHI seeks ARAI's comments on consumer grievances against Ola Electric

The notice from CCPA came in response to 9,948 consumer complaints registered against Ola Electric between September 1, 2023, and August 30, 2024, on the National Consumer Helpline

Updated On: 09 Oct 2024 | 10:21 PM IST

MHI all set to auction final 10 gigawatt-hour of the ACC PLI scheme

In June 2021, MHI launched the Rs 18,100 crore ACC PLI scheme with a total capacity of 50 GWh

Updated On: 15 Sep 2024 | 11:59 PM IST

EMPS to continue till FAME-III launch, says MHI Minister Kumaraswamy

Last week, Kumaraswamy indicated that FAME-III would be launched within the next two months

Updated On: 09 Sep 2024 | 11:20 PM IST

New safety regulations for machinery, equipment to affect MSMEs: GTRI

The new safety regulations for machinery and electrical equipment issued by the government will affect domestic production by the MSME segment and delay the import of essential equipment, think tank GTRI said on Monday. It suggested extending the compliance timeline, implementation in a phased manner, and extending government support to help the industry deal with the regulations. It said that while large corporations may have the resources to meet new safety standards, MSMEs face unique challenges in complying with the Ministry of Heavy Industry's (MHI) order. These challenges include financial, technical, and infrastructural constraints, making compliance a significant burden for small businesses, the Global Trade Research Initiative (GTRI) said. On August 28, 2024, the Ministry introduced the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024, which is set to take effect on August 28, 2025. These comprehensive regulations bring in stringent saf

Updated On: 09 Sep 2024 | 5:20 PM IST

Siam writes to govt, pushes for GST reduction on low-carbon two-wheelers

Siam adds in the letter that India should reduce the GST across all two-wheelers from 28 per cent to 18 per cent, a long-standing demand from the industry

Updated On: 12 Jun 2024 | 6:39 AM IST

Ex-Karnataka CM HD Kumaraswamy becomes heavy industries and steel minister

In May last year, when his party was defeated, many political observers saw it as an existential crisis for JD (S) and the 64-year-old Vokkaliga leader

Updated On: 10 Jun 2024 | 11:16 PM IST

FAME scheme extension plan may be on Union Cabinet agenda tomorrow

The MHI has made its last efforts to secure approval for extending the scheme before the March 31 deadline for FAME-II

Updated On: 12 Mar 2024 | 10:48 PM IST

Heavy industries ministry weighs reduction of GST on flex fuel vehicles

The heavy industries ministry is examining requests seeking reduction in GST on flexible fuel vehicles (FFVs) from the current 28 per cent, sources said. The ministry is in consultation with various stakeholders and other government departments. Once the consultations are completed, the ministry will submit a recommendation to its finance counterpart. Thereafter, the GST Council will take a decision on the issue, a senior official said. "We have received representations seeking reduction in GST on flex fuel vehicles. We are conducting meetings on this issue to ascertain the views of various stakeholders and different ministries. But we are getting a mixed response. Some people say that GST and cess should be reduced on FFVs because the government is promoting their adoption. Currently FFVs attract GST rate of 28 per cent, plus 15 per cent cess," the official added. "We have been asked to review whether or not the GST on FFVs needs to be brought down," the official said requesting ..

Updated On: 05 Mar 2024 | 4:40 PM IST

Enough liquidity to handle capex for growth cycle: JSW Steel Joint MD & CEO

Acharya says that the company is on track with its expansion plan

Updated On: 28 Jan 2024 | 10:19 PM IST

Centre begins re-auction for 10 GWh tranche of ACC battery PLI scheme

Bidding process will be held online through a transparent two-stage process

Updated On: 24 Jan 2024 | 11:08 PM IST

Rs 26,400 cr on the cards for FAME-III, Rs 200 cr to support e-tractors

Further discussions on basic contours of scheme are currently ongoing. Focus of proposed scheme will clearly be on enhancing electric-based and environment-friendly public transportation in country

Updated On: 03 Jan 2024 | 11:37 PM IST

BHEL making India self-reliant in energy, infra: Heavy industries minister

State-owned engineering firm BHEL is not only making India self-reliant in energy and infrastructure sectors but also contributing significantly to defence and space segments, said Union Heavy Industries Minister Mahendra Nath Pandey. The minister inaugurated the newly-constructed BHEL Sadan in Noida on the occasion of BHEL Day on Monday, the company said in a statement. Addressing on the occasion he cited the clarion call of Prime Minister Narendra Modi for achieving the target of 'net zero' carbon emissions by 2070 and said that this 18-storey, eco-friendly green building constructed as per the latest technology and standards is a symbol of BHEL's commitment towards environmental protection. The minister noted that the building, equipped with a 30-kW solar power system, reflects BHEL's commitment to move further towards green energy. Recalling BHEL's contribution towards creating an Aatmanirbhar Bharat, since its inception, Pandey added that BHEL is not only striving towards maki

Updated On: 02 Jan 2024 | 4:58 PM IST

Govt extends PLI scheme for auto sector by a year with 'partial amendments'

The Ministry of Heavy Industries on Monday announced the extension of the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with "partial amendments". This decision has been made after receiving the approval of the Empowered Group of Secretaries (EGoS). "In pursuance of the approval of EGoS, the Ministry of Heavy Industries has made partial amendments in the Production Linked Incentive (PLI) Scheme for the Automobile and Auto Component Industry and Guidelines of the Scheme. These amendments, effective from the date of publication in the Official Gazette, aim to provide clarity and flexibility to the scheme," an official statement said. Under the amended scheme, the incentive will be applicable for a total of five consecutive financial years, starting from the financial year 2023-24. The disbursement of the incentive will take place in the following financial year 2024-25. The scheme also specifies that an approved applicant will be eligible for

Updated On: 01 Jan 2024 | 11:28 PM IST

Govt considering termination of FAME subsidy for electric two-wheelers

Earlier, the finance ministry expressed its concerns about the continuation of the scheme, now, other government departments have also agreed to North Block's views

Updated On: 18 Dec 2023 | 10:48 AM IST

Tata Motors secures first CMVR approval for its hydrogen FCEV buses

FCEV is a type of electric vehicle that uses hydrogen fuel cells to generate electricity instead of relying solely on batteries

Updated On: 12 Dec 2023 | 6:23 PM IST