Export Promotion Scheme: DEPB
Delayed demise of DEPB scheme
A nice article that explains DEPB and duty drawback scheme for exporters.
An Interesting Read: The US sells chopsticks to China
Ajay Shah explains the theory of comparative advantage through an article on his blog, by referring to an interesting article in the Economist. An interesting read.
Production of Coal by Coal India
Coal India Limited (CIL) has produced 431.32 million tonnes of coal in 2010-11 against the revised target of 440.20 million tonnes.
Production of Ethanol
The production of ethanol in the country is insufficient to meet the requirement of different sectors. In India, almost the entire Ethanol is produced from sugarcane molasses. Hence, ethanol production in India is heavily dependent on production of sugar and sugarcane, which fluctuates due to their cyclic nature. Read more…
Per Capita Power Consumption in India
While the government has managed to record a sharp rise in electricity generation capacity of 40,131 MW during the twelfth plan period (2007-12)– highest in any plan period, India still ranks low in per capita consumption. Read more…
Indian Industry News: SIAM’s New Car Classification
Maruti Suzuki, has posted the new classification of cars by SIAM and its models as per the new classification.
The new classification divides the cars across 8 sections instead of 6 that are currently in use. Companies are expected to release their sales numbers in the new format from August 2011 onwards. Read more…
Tourism in India: June 2011 Update
Foreign Tourist Arrivals (FTAs) during the period January-June 2011 were 29.19 lakh with a growth of 10.9 %, as compared to the FTAs of 26.32 lakh with a growth of 8.9 % during January-June 2010 over the corresponding period of 2009.
Foreign Exchange Earnings (FEE) from tourism in terms of US$ during January-June 2011 were US$ 7811 million with a growth of 14.2 %, as compared to US$ 6842 million with a growth of 36.6 % during January-June 2010 over the corresponding period of 2009.
FEE from tourism in rupee terms during January-June 2011 were Rs. 35163 crore with a growth of 12.1 %, as compared to the FEE of Rs. 31373 crore with a growth of 27.1 % during January-June 2010 over the corresponding period of 2009.
