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Hans India
14-07-2025
- Business
- Hans India
Commerce and Industry ministry clocks hectic week to push exports, big projects
New Delhi: The Ministry of Commerce and Industry has concluded a hectic week with Union Minister Piyush Goyal travelling across the country from Srinagar in the north to Bengaluru in the south for chairing various meetings to give a fillip to exports and industrial projects. The Minister held a crucial meeting with the Chairman of the State Bank of India and senior executives from other leading banks, ECGC Ltd., and department officials in Mumbai to review and explore opportunities related to export credit. Based on ECGC's experience under the scheme of enhanced cover, ECGC has now proposed further modifications to make available adequate and affordable credit to a larger section of MSME exporters. The product facilitates the borrower accounts to be treated equivalent to 'AA' rated accounts with reduced cost of export credit to the exporters. In the meeting, Goyal said the ECGC can examine the extension of the scheme proposed for nine banks to all banks, so that the export credit offtake for the MSME Exporters can be increased. The Minister visited Srinagar and met the delegation from the Kashmir Chamber of Commerce & Industry and the Kashmir Chapter of the MSME Development Forum. He also met representatives of the Jammu & Kashmir Fruits and Vegetable Processing and Integrated Cold Chain Association. In a clear message to traders in the region, the Minister emphasised that the Centre will not compromise on sensitive sectors or regional concerns while negotiating market access with foreign partners. 'Traders need not worry. Whatever FTA we sign will keep the interests of Jammu and Kashmir and the entire country in mind,' he Bengaluru, the minister visited two Aerospace Special Economic Zone (SEZ) units: Unimech Aerospace Manufacturing Limited and Safran Hindustan Aeronautics Limited (HAL) Aircraft Engines Private Limited, both located at the Karnataka Industrial Areas Development Board (KIADB) Aerospace SEZ in Devanahalli. A review was held to address key issues affecting major infrastructure projects in Gujarat and Rajasthan through the Project Monitoring Group (PMG) mechanism. The Centre fast-tracked big-ticket infrastructure projects worth over Rs 36,296 crore in Gujarat and Rajasthan at the meeting. A total of 22 issues related to 18 critical projects were taken up at the meeting. Among the major initiatives discussed was the Transmission System Strengthening Scheme for the evacuation of power from solar energy zones in Rajasthan and Gujarat, with a projected investment of Rs 14,147 crore.
Hans India
13-07-2025
- Business
- Hans India
Commerce & Industry Ministry clocks hectic week to push exports, big projects
New Delhi, July 13: The Ministry of Commerce and Industry has concluded a hectic week with Union Minister Piyush Goyal travelling across the country from Srinagar in the north to Bengaluru in the south for chairing various meetings to give a fillip to exports and industrial projects. The minister held a crucial meeting with the Chairman of the State Bank of India and senior executives from other leading banks, ECGC Ltd., and department officials in Mumbai to review and explore opportunities related to export credit. Based on ECGC's experience under the scheme of enhanced cover, ECGC has now proposed further modifications to make available adequate and affordable credit to a larger section of MSME exporters. The product facilitates the borrower accounts to be treated equivalent to 'AA' rated accounts with reduced cost of export credit to the exporters. In the meeting, Goyal said the ECGC can examine the extension of the scheme proposed for nine banks to all banks, so that the export credit offtake for the MSME Exporters can be increased. The minister visited Srinagar and met the delegation from the Kashmir Chamber of Commerce & Industry and the Kashmir Chapter of the MSME Development Forum. He also met representatives of the Jammu & Kashmir Fruits and Vegetable Processing and Integrated Cold Chain Association. In a clear message to traders in the region, the minister emphasised that the Centre will not compromise on sensitive sectors or regional concerns while negotiating market access with foreign partners. 'Traders need not worry. Whatever FTA we sign will keep the interests of Jammu and Kashmir and the entire country in mind,' he explained. In Bengaluru, the minister visited two Aerospace Special Economic Zone (SEZ) units: Unimech Aerospace Manufacturing Limited and Safran Hindustan Aeronautics Limited (HAL) Aircraft Engines Private Limited, both located at the Karnataka Industrial Areas Development Board (KIADB) Aerospace SEZ in Devanahalli. A review meeting was held to address key issues affecting major infrastructure projects in Gujarat and Rajasthan through the Project Monitoring Group (PMG) mechanism. The Centre fast-tracked big-ticket infrastructure projects worth over Rs 36,296 crore in Gujarat and Rajasthan at the meeting. A total of 22 issues related to 18 critical projects were taken up at the meeting. Among the major initiatives discussed was the Transmission System Strengthening Scheme for the evacuation of power from solar energy zones in Rajasthan and Gujarat, with a projected investment of Rs 14,147 crore.
India Gazette
07-07-2025
- Business
- India Gazette
Review meeting held to fast-track infrastructure projects worth Rs 36,296 crore in Gujarat, Rajasthan
New Delhi [India], July 7 (ANI): A high-level meeting was convened to review key issues impacting major infrastructure projects in Gujarat and Rajasthan, with a focus on resolving bottlenecks through the Project Monitoring Group (PMG) mechanism. A total of 22 issues related to 18 critical projects--collectively valued at over Rs 36,296 crore--were taken up for discussion at the meeting that was held on July 3, 2025, the Commerce Ministry said in a release on Monday. Among the major initiatives discussed was the Transmission System Strengthening Scheme for the evacuation of power from solar energy zones in Rajasthan and Gujarat, with a projected investment of Rs 14,147 crore. The scheme aims to facilitate seamless integration of renewable energy into the national grid by developing high-capacity transmission infrastructure, including substations and transmission lines. In Rajasthan, the scheme targets solar zones in Jaisalmer, Bikaner, and Barmer, while in Gujarat, the focus areas include Surendranagar, Patan, and Kutch. 'These projects are crucial for evacuating solar power from renewable energy-rich regions and delivering it reliably to consumption centres across India. The meeting focused on addressing key challenges such as right-of-way (RoW) and land acquisition to accelerate progress,' the statement from the commerce ministry said. The meeting also reviewed the 5G/4G network expansion project of Reliance Jio, recognised as a project of national importance. The initiative seeks to extend 5G mobile services to uncovered and remote areas, while also strengthening existing 4G infrastructure. Discussions were held with the State Government to expedite resolution of pending forest-related issues. Once completed, the project will significantly improve digital connectivity, especially in remote and strategically important regions. Principal Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT), Praveen Mahto, who chaired the meeting, reaffirmed the Government's commitment to strengthening the institutional framework for project monitoring. He directed the concerned authorities to adopt a proactive approach in resolving pending issues. Mahto also underlined the importance of private project proponents actively leveraging the Project Monitoring Group (PMG) platform ( to accelerate implementation. He emphasised that effective coordination among Central Ministries, State Governments, and private stakeholders are essential for timely and efficient resolution of project-related concerns. (ANI)
Time of India
07-07-2025
- Business
- Time of India
DPIIT reviews 22 issues affecting infra projects worth Rs 36,296 cr in Guj, Raj
The Department for Promotion of Industry and Internal Trade (DPIIT) has reviewed 22 issues affecting 18 infrastructure projects worth Rs 36,296 crore in Gujarat and Rajasthan, an official statement said on Monday. The meeting, chaired by DPIIT Secretary Amardeep Bhatia, was attended by senior officials from central ministries, state governments, and project proponents. "A total of 22 issues related to 18 critical projects, collectively valued at over Rs 36,296 crore, were taken up for discussion," the commerce and industry ministry said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 Most Beautiful Female Athletes in the World Click Here Undo Among the major initiatives discussed was the Transmission System Strengthening Scheme for evacuation of power from solar energy zones in Rajasthan and Gujarat, with an investment of Rs 14,147 crore. The scheme aims to facilitate seamless integration of renewable energy into the national grid by developing high-capacity transmission infrastructure, including substations and transmission lines. Live Events It said that the meeting also reviewed the 5G/4G network expansion project of Reliance Jio, recognised as a project of national importance. PTI
Hans India
07-07-2025
- Business
- Hans India
Centre fast-tracks infra projects worth Rs 36,296 crore in Gujarat and Rajasthan
The Centre has fast-tracked big-ticket infrastructure projects worth over Rs 36,296 crore in Gujarat and Rajasthan, following a high-level meeting convened last week, with a focus on resolving bottlenecks through the Project Monitoring Group (PMG) mechanism, according to a statement issued by the Ministry of Commerce and Industry on Monday. A total of 22 issues related to 18 critical projects were taken up at the meeting. Among the major initiatives discussed was the Transmission System Strengthening Scheme for the evacuation of power from solar energy zones in Rajasthan and Gujarat, with a projected investment of Rs 14,147 crore. The scheme aims to facilitate the seamless integration of renewable energy into the national grid by developing high-capacity transmission infrastructure, including substations and transmission lines, the statement explained. In Rajasthan, the scheme targets solar zones in Jaisalmer, Bikaner, and Barmer, while in Gujarat, the focus areas include Surendranagar, Patan, and Kutch. These projects are crucial for evacuating solar power from renewable energy-rich regions and delivering it reliably to consumption centres across India. The meeting focused on addressing key challenges such as right-of-way (RoW) and land acquisition to accelerate progress. The meeting also reviewed the 5G/4G network expansion project of Reliance Jio, recognised as a project of national importance. The initiative seeks to extend 5G mobile services to uncovered and remote areas, while also strengthening existing 4G infrastructure. Discussions were held with the State Government to expedite the resolution of pending forest-related issues. Once completed, the project will significantly improve digital connectivity, especially in remote and strategically important regions, the statement said. Principal Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT), Praveen Mahto, who chaired the meeting, reaffirmed the Government's commitment to strengthening the institutional framework for project monitoring. He directed the concerned authorities to adopt a proactive approach to resolving pending issues. Mahto also underlined the importance of private project proponents actively leveraging the Project Monitoring Group (PMG) platform ( to accelerate implementation. He emphasised that effective coordination among Central Ministries, State Governments, and private stakeholders is essential for the timely and efficient resolution of project-related concerns. The meeting was attended by senior officials from Central Ministries, State Governments, and key project proponents, reflecting a strong commitment to collaborative infrastructure development, the statement added.
