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Main News

Government mandates BIS certification for import of electronics and IT goods

As per Directorate General of Foreign Trade (DGFT) notification, the import of new electronics and IT goods without BIS registration is now prohibited. Under the Electronics and IT Goods (Requirement of Compulsory Registration) order 2012, imports of these goods is allowed through the registration with the BIS or on specific exemption letter from the Ministry of electronics and IT (MeitY).

Cabinet approves Measures to promote Hydro Power Sector

In order to boost hydro power generation, the government has approved a slew of measures including providing renewable energy status for large hydel projects and new funding provisions. With the government's decision, hydro projects above 25 MW will be considered as renewables and eligible for various incentives like financial assistance and cheaper credit (as per existing practice, only hydropower projects less than 25MW are categorized as Renewable Energy).

Cabinet approved setting up of firm to market ISRO’s Research and Development (R&D) work

Union Cabinet has given its approval to the Setting up of a new company under Department of Space (DoS), to commercially exploit R&D work carried out by Indian Space Research Organization (ISRO) Centers and constituent units of DOS.  The cabinet decision will definitely encourage the private sector to indulge more in production of launchers and satellites.