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Commerce

Centre invites applications for creation, expansion of food processing units

The Ministry of Food Processing Industries, Government of India, has invited applications under the scheme for Creation and Expansion of Food Processing and Preservation Capacities (CEFPPC) of the Pradhan Mantri Kisan Sampada Yojana (PMKSY) from prospective entrepreneurs belonging to the “general category” for setting up of food processing units outside Mega Food Parks and outside Agro Processing Clusters, a media release from the press Information Bureau has said.

Commerce

Update for exporters, from Directorate-General of Foreign Trade

The Directorate-General of Foreign Trade (DGFT) has launched the enhanced Certificate of Origin (eCoO) 2.0 System, a significant upgrade designed to simplify the certification process for exporters and enhance trade efficiency, a media release from Press Information Bureau has said.

Commerce

How are India’s finances doing? NITI Aayog report sheds light…

On 24 January 2025, the inaugural issue of NITI Aayog’s report titled “Fiscal Health Index (FHI) 2025” was launched.

The report provides a comprehensive assessment of the fiscal health of 18 major States. The assessment is based on five key sub-indices: Quality of Expenditure, Revenue Mobilisation, Fiscal Prudence, Debt Index, and Debt Sustainability.

Innovation

India’s digital economy to contribute one-fifth of GDP by 2030: Report

On 22 January 2025, the Ministry of Electronics and Information Technology (MeitY) released the report titled ‘Estimation and Measurement of India’s Digital Economy’.
This is the first study to assess/measure the value addition and employment generated by India’s burgeoning digital sector.

Innovation

Startup India turns nine; India now third biggest ecosystem globally

On January 16, 2025, India marked nine years of Startup India, a journey aimed at revolutionising the entrepreneurial ecosystem that began in 2016, as per a Press Information Bureau report.

Commerce

MoU signed between Centre, Bhaane Group to boost apparel manufacturing and startup ecosystem

The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, has signed a Memorandum of Understanding (MoU) with the Bhaane Group, a subsidiary of Shahi Exports Pvt Ltd, the largest manufacturer of apparel, as per a report in the Press Information Bureau.

Innovation

Union Steel Minister envisages Advanced EV and Automotive Tech Centre in Bengaluru

Union Minister for Heavy Industries, HD Kumaraswamy, has proposed the establishment of the third centre of the International Center for Automotive Technology (ICAT-III) in Bengaluru, aiming to make the city a global hub for advanced automotive and EV technologies.

Culture

Government of India working to make Maha Kumbh 2025 a landmark event

New Delhi: The Ministry of Tourism, Government of India, is set to make the Maha Kumbh 2025 a landmark event not only for spiritual gatherings but also for global tourism.

Lifestyle

Main Streets Across The World Report 2024 – Key insights from the report

Cushman & Wakefield, in its 34th year, released its 34th Edition of the Main Streets Across the World report. The report confirms the value of main streets around the world, key economic and social trends shaping their value and their role in crucial global and local business decisions.

Commerce

Informal sector shows remarkable growth in 2023-24

On 2 January 2025, the Ministry of Statistics and Programme Implementation (MoSPI) released the results of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24, for the reference period October 2023 to September 2024.