PIB Press Releases


		3rd April, 2003


		Ministry of Commerce & Industry Exports continue on a high growth trajectory India's exports have been on a high growth trajectory throughout the year 2002. In fact, the country's export growth during the first half of the fiscal (April-September 2002) touched 19% ........................ Ministry of Railways Safety aids in Railway telecom All the 16 Zonal and 67 Divisional headquarters of Indian Railways have been equipped with satellite phones for use in unforeseen accidents and other emergent situations........................ Ministry of Railways Performance of Railway production units during April-February 2002-2003 All the Railway Production Units performed well during the period from April 2002 to February 2003, with two of them exceeding the target........................ Ministry of Steel Pig iron production up 28.6 per cent The total production of finished steel during April 2002 to February 2003 has been provisionally estimated at 294 lakh tonnes as against 277.3 lakh tonnes during the same period last year, showing an increase of 6 per cent........................ Ministry of Steel KIOCL records highest annual turnover of Rs. 727 crore in 2002-03 Kudremukh Iron Ore Company Limited (KIOCL) recorded the highest annual turnover of Rs. 727 crore during the year 2002-03 against the previous best of Rs. 721.69 crore achieved last year........................ Ministry of Commerce & Industry All EXIM Policy notifications issued simultaneously All notifications pertaining to the Export and Import (EXIM) Policy announced by Shri Arun Jaitley, Union Minister of Commerce & Industry and Law & Justice, have been issued simultaneously with the Policy........................ Ministry of Commerce & Industry Traditional exports get a boost from EXIM Policy The Export and Import Policy (2003-04) gives a major boost to some of India's leading traditional sectors such as the agro-sector, textiles, gems & jewellery and the small scale sector....................... Ministry of Defence NCC Conference inaugurated The Minister of State for Defence Professor Chaman Lal Gupta has said that the final representation of the National Cadet Corps (NCC) certificate holders in our armed forces is not very encouraging....................... Ministry of Petroleum & Natural Gas PNG Rules amended to revise exploration licence fee and other rental charges In order to give boost to the exploration and production activities in the country, the Government has increased the rates of security deposit, annual licence fee, mining lease fee, etc....................... Ministry of Agriculture Monsoon failure brings down crop area by 152 lakh hectares The worst monsoon of the century during the Kharif season and inadequate post-monsoon rainfall have resulted in crop area loss of 152 lakh hectares during 2002-03, significantly impacting agricultural production in the country....................... Ministry of Chemicals & Fertilizers Prices of 42 formulation packs revised/fixed The National Pharmaceutical Pricing Authority has revised/fixed the prices of 42 formulation packs on 2nd April, 2003....................... Ministry of Science & Technology Canada to participate in India's moon mission Canada is to participate in India's mission to moon....................... Ministry of Human Resouce Development Fifteen from non-Hindi speaking States get Hindi Writer Awards/ two get Shiksha Puraskars Fifteen Hindi writers from non-Hindi speaking States to get awards for the year 2001-02. Two to get Shiksha Puraskars....................... Ministry of Rural Development Rural Development Ministry announces National Panchayati Raj Award The Ministry of Rural Development has instituted a National Panchayati Raj Award to commemorate the tenth year of passing of the 73rd Amendment Act of the Constitution on the 24th April, 2003....................... Ministry of Chemicals & Fertilizers Fixation/revision of prices of bulk drugs Prednisolone and Prednisolone Acetate 52 NPPA has revised the price of bulk drug Prednisolone from Rs. 59000/kg. to Rs. 58520/kg and Prednisolone Acetate from Rs. 62000/Kg. to Rs.38560/kg. vide notification in the Gazette of India Extraordinary No. S.O.384(E) dated 2nd April, 2003....................... Ministry of Finance & Company Affairs FIPB proposals cleared The Union Minister of Finance and Company Affairs, Shri Jaswant Singh has approved 52 proposals recommended by the Foreign Investment Promotion Board (FIPB) in its meetings held on March 13 and March 21, 2003....................... Ministry of Finance & Company Affairs Depreciation rates for certain pollution control equipment enhanced The Government has enhanced the rate of depreciation from 80% to 100% in the case of certain air pollution control equipment....................... Ministry of Communications & Information Technology IT Sector poised for exponential growth The Indian Information Technology sector is poised for exponential growth.......................