Proposal to Operationalise DTAAs with 12 More Countries Under Process

India has entered into Double Taxation Avoidance agreements (DTAAs) with 84 countries. In addition, DTAAs have been signed with 3 countries, viz. Colombia, Uruguay & Ethiopia and will enter into force after completion of necessary formalities in these countries. Proposal to sign DTAAs with 12 more countries/jurisdictions is under process. These countries/jurisdictions are Albania, Bhutan, …

India Bags three World Travel Awards

India has bagged three prestigious awards from World Travel Awards(WTA). These are: World’s Leading Destination- India, World’s Leading Tourist Board- Incredible India and World’s Leading Tourist Attraction- Taj Mahal. Union Tourism Minister Sh. K. Chiranjeevi received these awards here today. Speaking on the occasion, the Union Tourism Minister said that his Ministry has prepared a …

Generation of Green Energy by PSUs

Memorandum of Understanding (MoU) Guidelines for the year 2012-13 issued by Department of Public Enterprises (DPE) for all Central Public Sector Undertakings (PSUs) prescribe details for the R&D parameter, MoU is a tool for performance measurement of CPSEs.  Guideline for Research & Development (R&D) issued by DPE lists out suggested activities which can be taken as a parameter.  Under …

Mega Power Projects Set up by BHEL

Bharat Heavy Electricals Limited (BHEL) has set up mega power projects in the country. It has expanded its manufacturing capability to deliver 20,000 MW per annum of main plant equipments to cater to the increasing requirements of power projects being set up in various parts of the country. BHEL is at present executing various power project …

Mission Plan for Electric Mobility

Government has formulated a separate Mission Plan for electric vehicles (including hybrid vehicles) viz. National Electric Mobility Mission Plan 2020 (NEMMP 2020) which was adopted by the National Council for Electric Mobility (NCEM) in its first meeting on 29th August 2012. The NEMMP 2020 provides a roadmap for facilitating the manufacture and use of electric …

International tourism hits one billion

One billion tourists have travelled the world in 2012, marking a new record for international tourism – a sector that accounts for one in every 12 jobs and 30% of the world’s services exports. On the symbolic arrival date of the one-billionth tourist (13 December 2012), UNWTO revealed the actions tourists can take to ensure …