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Govt accords nod to 574 SEZ proposals

Govt accords nod to 574 SEZ proposals

In addition to seven Central government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs set up prior to the enactment of SEZ Act, 2005, formal approval has been accorded to 574 proposals out of which 391 SEZs presently stand notified.

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Govt to bring in investor-friendly FDI policy

Govt to bring in investor-friendly FDI policy

Government has put in place an investor-friendly policy on Foreign Direct Investment (FDI), under which FDI, up to 100 per cent, is permitted, under the automatic route, in most sectors/activities. FDI policy is reviewed on an ongoing basis, with a view to making it more investor friendly, said the Uniion Minister of State in the Ministry of Commerce and Industry EM Sudarsana Natchiappan in Rajya Sabha on December 11.

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Govt keen on growth of civil aviation sector

Govt keen on growth of civil aviation sector

Union Minister of State for Civil Aviation, KC Venugopal told the Rajya Sabha on December 10 that the government has constantly been responding to changing scenario and undertaking sector-specific measures to facilitate and enable growth of the civil aviation sector.

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Govt keen on growth of civil aviation sector

Govt keen on growth of civil aviation sector

Union Minister of State for Civil Aviation, KC Venugopal told the Rajya Sabha on December 10 that the government has constantly been responding to changing scenario and undertaking sector-specific measures to facilitate and enable growth of the civil aviation sector.

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Oil marketing companies incur Rs 4,403 cr loss

Oil marketing companies incur Rs 4,403 cr loss

Union Minister of State for Petroleum & Natural Gas Panabaaka Lakshmi on August 27 told the Rajya Sabha that State-run oil marketing companies have reported a combined loss of Rs 4,403 crore in April-June quarter of the current financial year. But, the three marketing firms - Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp managed 'meager profits' in previous financial years only after factoring in cash compensations provided by the government and discount on crude oil offere

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Govt is striving to give CBI all documents in coal blocks case

Govt is striving to give CBI all documents in coal blocks case

The Union Coal Minister Sriprakash Jaiswal has stated in the Rajya Sabha recently that the government will make every effort to locate and supply the additional documents required by CBI regarding allocation of coal blocks. Coal Ministry has already handed over 769 files and other documents consisting of more than 1,50,000 pages to CBI. He said that an Inter Ministerial Committee headed by Additional Secretary, Coal has been constituted to locate the documents which are not readily available in