Government Is Taking Steps To Make India Competitive: Kant

Government is taking steps to make India competitive in the global economy, PLI scheme expected to increase manufacturing in a big way: Kant.

The government is taking several measures to make India highly competitive in the global economy. NITI Aayog CEO Amitabh Kant said this on Saturday.

He was speaking at FICCI’s AGM. Kant said that the government is also working towards reducing the cost of logistics. He emphasized that the country should move into new areas of growth.

Kant said in his address, ‘The government is taking many measures to make India highly competitive in the global economy.

The production-based incentive (PLI) scheme announced last month by the government for 10 key sectors is expected to drive a large increase in manufacturing.

Kant said that this is a 26 billion dollar plan, designed to encourage investment in 10 selected sectors. With the help of five years, the growth in manufacturing sector will be accelerated.

Single window clearance facility from mid-April next year

In this AGM of industry organization FICCI, Guruprasad Mohapatra, Secretary, Department of Industry Promotion and Internal Trade (DPIIT), said that to promote Ease of Doing Business.

The government is committed to start a single-window clearance facility from mid-April next year.

He said that Finance Minister Nirmala Sitharaman had announced this during the budget presented for the current financial year.

With this technology-based platform, both domestic and foreign investors will get information about land availability, processes and requirements in one place.

Due to this, investors will not have to submit their investment proposals and applications for approval in different departments.

However, this will not reduce the number of approvals, as these are all necessary approvals.

Gold lost Rs 7800 in four months, Chandi fell by Rs 15400, know the latest price

On the last trading day of the previous week, on Friday, February 5, 2021 futures gold prices rose by Rs 247 to Rs 49,324 per 10 grams on the MCX exchange.

At the same time, the futures price of gold on April 5, 2021, closed at Rs 49,385 per 10 grams on MCX on Friday, the last trading day of the week.

Now let us know how much the gold price has changed in the last week.