Piyush Goyal said today India is the preferred destination for Industry, Investment and Innovation (File)
New Delhi:
Despite COVID-19 disruptions, there are clear indications of economic revival in India, Union Minister Piyush Goyal said Saturday.
Addressing the Plenary Session of CII: Horasis India Meeting 2021 on India s Emerging Industry and Trade Architecture , Piyush Goyal said that exports from India are going up and foreign direct investment (FDI) inflows are at their highest. Indian industry is indeed on a growth path. The highest ever merchandise have been logged for exports in a quarter (Q1 2021-22, $95 billion) in the history of India (more than 18 pre cent from Q1 of 2019-20). In July (till the third week), exports were at $22.48 billion, at an increase of 45.13 per cent with respect to the same period in 20-21, and more than 25.42 per cent with respect to 2019-20, the Minister said.
In India, the ANI news agency reports Union Minister Piyush Goyal said 20% ethanol blending will be achieved as soon as 2023/24, even ahead of the latest 2025 target that was brought ahead further from 2030. He made the update in the context of a wider discussion on India’s overall renewable energy plans, which aims to achieve 175GW by 2022 and 450GW by 2030. In addition to pushing for up to 100% ethanol fuels in vehicles, the government is also looking to introduce electric vehicles charged entirely by renewable energy, at least during daylight hours, as well as hydro and hydrogen as energy sources.
Nationalist Congress Party (NCP) president Sharad Pawar on Saturday wrote to Prime Minister Narendra Modi, pointing out certain inconsistencies and the resulting legal inefficacy of normative provisions of the Banking Regulation Act. In his letter, the NCP chief stated that Banking Regulation Act has been amended to protect the interests of the depositors of co-operative banks and to strengthen the co-operative banks by increasing professionalism, but there are certain inconsistencies and the resulting legal inefficacy of normative provisions of the Act that are in conflict most specifically with the 97th Constitutional Amendment, State Co-operative Societies Acts and with the co-operative principles.
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NCP chief and Rajya Sabha MP Sharad Pawar on Saturday met Prime Minister Narendra Modi in New Delhi.
Sharad Pawar writes to PM Modi on amendments in Banking Regulation Act, highlights 3 inconsistencies ANI | Updated: Jul 18, 2021 06:17 IST
New Delhi [India], July 18 (ANI): Nationalist Congress Party (NCP) president Sharad Pawar on Saturday wrote to Prime Minister Narendra Modi, pointing out certain inconsistencies and the resulting legal inefficacy of normative provisions of the Banking Regulation Act.
In his letter, the NCP chief stated that Banking Regulation Act has been amended to protect the interests of the depositors of co-operative banks and to strengthen the co-operative banks by increasing professionalism, but there are certain inconsistencies and the resulting legal inefficacy of normative provisions of the Act that are in conflict most specifically with the 97th Constitutional Amendment, State Co-operativ
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