Page 3 - Government Of India

Oil marketing companies to bear latest oil price cut, not govt grant

OMCs have raked in record Rs 69K cr net profit in first 9 months of FY24

Govt exempts certain exporting units from quality control orders

The government on Friday exempted advance authorisation holders and export-oriented units (EOUs) from mandatory quality control orders for imported goods that are used as inputs for exports. It said that the exemption will be with pre-import conditions, and those inputs will be utilised in the manufacturing of the export products. "Enabling provisions are made for exempting inputs imported by Advance Authorisation holders and EOUs from mandatory Quality Control Orders (QCOs)," the Directorate General of Foreign Trade (DGFT) said in a notification. The unutilised material will be destroyed in the presence of jurisdictional GST/customs authorities, it added. Mandatory QCOs help curb the import of sub-standard products, prevent unfair trade practices and ensure the safety and well-being of consumers as well as the environment. QCOs are applicable for products domestically manufactured as well as imported. Every manufacturing unit in and outside India has to comply with these orders i

Govt plans to procure 5 lakh tonnes of onions this year for buffer stock

The government is planning to procure 5 lakh tonnes of onions this year for its buffer stock that can be used to intervene in the market in case of a price rise, according to sources. The food and consumer affairs ministry had created 5 lakh tonnes of buffer stock last year, of which 1 lakh tonne is still available, they added. Agencies like NCCF and NAFED will procure onion on behalf of the government. Sources said that the government's decision to sell onions at a subsidised rate from its buffer stock has helped in controlling prices. The government will take a decision on lifting the ban on onion exports later this month. The ban is till March 31. The government's plan to create buffer stock comes amid an estimated fall in onion output in 2023-24. "Production of onion in 2023-24 is expected to be around 254.73 lakh tonnes compared to around 302.08 lakh tonnes last year due to a decrease of 34.31 lakh tonnes in Maharashtra, 9.95 lakh tonnes in Karnataka, 3.54 lakh tonnes in And

10K GPUs under IndiaAI mission to be in place over 18-24 months: IT secy

The graphics processing units approved under the IndiaAI Mission will be made available in the next 18-24 months, a top government official said on Friday. Speaking on the sidelines of Tie-Con Delhi-NCR, Electronics and IT Secretary S Krishnan said that the government will invite bids from the industry under the mission and provide viability gap funding for GPU-based computing infrastructure. Our target is that the GPUs under the AI machine should be available between 18 and 24 months and will not be directly available under this mission, Krishnan said. The Cabinet has approved the India AI Mission with an outlay of Rs 10,372 crore for five years to encourage AI development in the country. Under the mission. supercomputing capacity, comprising over 10,000 GPUs (graphics processing units), will be made available to various stakeholders for creating an AI ecosystem. The demand for GPU-based servers has increased as they can process data at a higher speed compared to CPU-based ...

Govt to procure selected crops at MSP if farmers opt for diversification

The government is planning to undertake guaranteed procurement of pulses -- tur, urad and masoor -- and maize at MSP from farmers if they opt for diversification from paddy crop, sources said. The Centre also mulling procuring cotton at minimum support price (MSP) without any condition of diversification, they said. The government agencies like NAFED and NCCF may enter into contracts with farmers for five years, official sources said. According to sources, the government could consider procurement of pulses, maize and cotton at MSP without any quantative restrictions, in case the farmers opt to move away from the water-guzzling paddy crop. A portal is being created by the Food and Consumer Affairs Ministry where farmers can register by providing details like their Aadhaar Card number. In the portal, farmers will have to self-certify and mention diversification into these pulses and maize crops. Last month, a panel of three Union ministers proposed buying of these five crops by ...

Govt to sell up to 7% stake in coal miner NLC India this week: Report

Government is selling over 9.7 crore shares at a floor price of Rs 212 apiece. If fully subscribed, including the green shoe option, the share sale would fetch about Rs 2,000 crore to the exchequer

UPSC Prelims 2024: Last day to register today at upsconline.nic.in

UPSC will conduct the Civil Services Exam in three phases i.e. preliminary, mains, and personality test round. The online registration process will end today i.e. March 5

Govt to study online gaming addiction to prevent impulsive behaviour

Concerned over rising online gaming addiction among youngsters, the government will undertake a research study to better understand the issues, curb impulsive behaviour and promote healthy digital habits. The study, to be piloted by the Ministry of Consumer Affairs, will identify the factors resulting in excessive consumption of online content, and prepare a framework to "predict, alert, and intervene with appropriate coping mechanisms". According to an official statement, the Department of Consumer Affairs in collaboration with the National Institute of Mental Health and Neurosciences (NIMHANS) Bangalore "proposes to undertake a research on the disruptive impulse control behavioural patterns of digital consumption that may cause vulnerabilities." A meeting was held on Monday under the chairmanship of Rohit Kumar Singh, Secretary, Department of Consumer Affairs. The meeting was attended by Anupam Mishra, Joint Secretary, Department of Consumer Affairs, Pratima Murthy, Director NIMHA

'Panel to examine auto firms' requests for more incentives under PLI'

A government-formed panel will examine requests from auto manufacturers seeking quarterly incentive payouts and inclusion of more components under the production-linked incentive scheme, according to an official on Monday. "This year, the incentive (under Auto PLI) will be given annually but a committee has been formed in the ministry that will look into the requests of OEMs (Original Equipment Manufacturers). "One of the requests is that certain (Advanced Automotive Technology) AAT components be included. We have only 103 components," Additional Secretary in the Ministry of Heavy Industries Hanif Qureshi said. In January, Union Heavy Industries Minister Mahendra Nath Pandey told PTI that the government constituted a committee to examine the auto industry's demand for including more components in the PLI scheme for automobile and auto components. The committee will be chaired by an Additional Secretary in the Ministry of Heavy Industries and will have 11 members, including those fr

Nokia, Sterlite Tech to develop digital solutions for govt, enterprises

Finnish telecom and IT company Nokia on Monday said it has partnered with Sterlite Technologies (STL), an optical and digital solutions company, to enhance networking and digital solutions for government institutions and enterprises. The partnership will also focus on government-driven connectivity projects to offer connectivity and networking solutions, Noika said in a statement. "The collaboration will accelerate the Industry 4.0 revolution. By leveraging these solutions, businesses can gain a competitive edge and drive transformation with disruptive technologies," the statement said. Both companies will strengthen enterprise networks, providing high-speed, high availability, low-latency connections for applications such as 5G, IoT ( Internet of Things), data centre interconnect, supply chain efficiency, real-time data analytics, and generative AI use cases, according to the statement. "STL's extensive experience in connectivity solutions, coupled with Nokia's technological stren

Govt 2nd estimate pegs wheat output at record 112.01 mn tonnes in 2023-24

The government has projected wheat production at a record 112.01 million tonnes for the 2023-24 crop year (July-June) in its second advance estimate, sources said on Thursday. The wheat output is estimated to be 1.46 million tonnes higher than the previous record high of 110.55 million tonnes achieved in the 2022-23 crop year. In its second advance estimate, sources said the Agriculture Ministry has projected total wheat output at 112.01 million tonnes for the 2023-24 crop year. Wheat, the main rabi (winter) crop, is ready for harvest and procurement is set to begin from next month onwards in some states. The government has set a conservative procurement target in the range of 30-32 million tonnes for the 2024-25 rabi marketing season (March-April), as against the actual procurement of 26.2 million tonnes in the previous year. The ministry releases three estimates before the final projection at different stages of plant growth and harvesting.

Govt launches Bharat Startup Ecosystem Registry to create database

The government on Thursday said it has launched a platform, Bharat Startup Ecosystem Registry, to create a comprehensive database with details about all the startup ecosystem stakeholders under one roof across different categories. Commerce and Industry Minister Piyush Goyal became the first person to register on the platform, signifying the government's commitment to nurturing India's burgeoning startup ecosystem. "The Registry will act as a one-stop database with details on all startup ecosystem stakeholders under one roof across different categories," it said. It is envisaged that the registry will facilitate easy access and discovery, fostering collaboration and growth within the ecosystem. "This one-stop platform will house detailed information on all ecosystem participants, facilitating easy access and discovery,' it said, adding that the registry will include various categories of entrepreneurs, including those in the early stages of ideation, social impact ventures, and ...

Modi lays foundation stone, lists projects worth Rs 17,300 cr in Tamil Nadu

Central government's work creating employment and improving living in the state, he says

'Sitting with eyes closed': SC rebukes Centre over misleading Patanjali ads

The Supreme Court had warned Patanjali Ayurved against disseminating 'false' and 'misleading' claims in its advertisements

Govt permits GSTN to share data with RBI's frictionless credit platform

The government has permitted GST Network to share data about GST-registered businesses, based on their consent, with the Reserve Bank's 'Public Tech Platform for Frictionless Credit'. The move will help entities get loans faster on the basis of shared Goods and Services Tax (GST)-related information. The platform, created by the Reserve Bank of India (RBI) subsidiary Reserve Bank Innovation Hub, is intended to enable seamless flow of necessary information to lenders to help in disbursing credit. In a notification, the Central Board of Indirect Taxes and Customs (CBIC) has said "the Central Government, on the recommendation of the Council, notifies 'Public Tech Platform for Frictionless Credit' as the system with which information may be shared by the common portal based on consent...". The platform has been developed for the operation of a large ecosystem of credit, to ensure access of information from various data sources digitally. The financial service providers and multiple da

Govt modifies National Livestock Mission, includes various activities

The government on Wednesday modified the National Livestock Mission by including various activities and providing 50 per cent capital subsidy to individuals and organisations for establishing horse, donkey, mule, and camel entrepreneurship. The Centre will provide Rs 10 crore for the establishment of semen station and nucleus breeding farm for horse, donkey, and camel under the modified National Livestock Mission. The Union Cabinet approved inclusion of additional activities in National Livestock Mission (NLM), Union Minister Anurag Thakur told reporters here. Under the modified NLM, establishment of entrepreneurship for horse, donkey, mule, and camel with 50 per cent capital subsidy up to Rs 50 lakh will be provided to the individuals, farmer producer organisations, self-help groups, and Section 8 companies. Also, the state government will be assisted for breed conservation of horses, donkeys, and camels. Also, the state government will be assisted for fodder cultivation in ...

MAHACET 2024: Registration for MCA, M.Ed, MBA, M.P.Ed & others ends today

In March or April, the MAH CET state level written entrance exam is scheduled to be held. The registration window for 3 year LLB programme will be shut on February 10

CUET PG 2024: Everything you need to know about registration extension

NTA has indeed extended the registration deadline for CUET PG 2024, giving hopeful applicants with an additional opportunity to apply for the Common University Entrance Test

Assam Police Recruitment 2024: Apply online for 269 Constable posts today

The direct link to the online application form for the Assam Police Constable Recruitment 2024 can be found on the official website at slprbassam.in

CUET PG 2024: All about registration details at pgcuet.samarth.ac.in

The deadline to register for CUET PG 2024 is today, January 31. On December 26, 2023, the application form for Postgraduate Programs was made available by NTA