|
Recent Blog Posts
GLASS BEADS & IMITATION JEWELLERY OF VARANASI
The glass beads have a history of around 100 years. Earlier few artisans used to import raw glass and tubes from Firozabad and other places and used to manufacture beads for catering the demand of the tourist visiting Varanasi.
Around 20,000 artisans are engaged in manufacturing of glass beads and some 35,000 to 45,000 people in other allied activities in Varanasi. Approximately 8,000 micro units are engaged in production of beads, while 50 small and 6 big units in this area, important among them is M/S Banaras Beads Ltd.
The total production volume of the area in terms of rupee is around 105 crores out of which some 70 % is exported to various countries fetching a valuable foreign exchange worth Rs.70 to Rs.72 crores per annum.
. . . . . More
100% Foreign Direct Investment (FDI) in Single Brand Product Retail Trading
With a view to attract investments in production and marketing, improving the availability for the consumer, encouraging increased sourcing of goods from India, and enhancing competitiveness of Indian enterprises through access to global designs, technologies and management practices, the GOI has allowed 100% FDI, vide notification dated 10.01.2012, in the segment of Single Brand product retail trading which has opened the way for International Players.
However, in respect of proposals involving FDI beyond 51%, mandatory sourcing of at least 30% of the value of products sold would have to be done from Indian.
. . . . . More
|
Government to formulate Public Private Partnership (PPP) Rules 2011
The Department of Economic Affairs (DEA). Ministry of Finance, GoI has issued a PPP (Preparation, Procurement and Management) Draft Rule 2011 for discussions to give more impetus on transparency and conformity defining duties and responsibilities at each stage of implementation of projects.
These exhaustive rules on bidding process, monitoring of projects during and after implementation and on audit procedures, are proposed to be applicable on all projects undertaken by Government of India and projects of State Government or of its authorities or Corporations etc barring projects of few Ministries.
. . . . . More
Others
Shilp Guru Award-2011
DC (Handicrafts), GoI invites applications from National / State Awardees and Craft persons of exceptional and extraordinary skills and having made immense contribution to the Handicrafts Sector in the past, who are not below the age of 55 years for selection to the Shilp Guru Award- 2011 before 30.04 2012.
. . . . . More
We look forward to your invaluable suggestions/feedback on our new endeavour. Please feel free to subscribe to the website to get updates on a regular basis.
Udyog Bandhu
|