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2 days ago Uniformity in GST rates necessary for sustained growth of mining sector: FIMI 18 Sep, 2020, 04.06 PM IST. The mining industry faces acute financial difficulty in utilisation of the input tax credit availed by the owners on their purchases of input materials, capital goods and services etc.
The history of Coal mining goes back thousands of years, with early mines documented in ancient China, the Roman Empire and other early historical economies. It became important in the Industrial Revolution of the 19th and 20th centuries, when it was primarily used to power steam engines, heat buildings and generate electricity.
India exported plastics worth US$ 813 million in October 2020, and the export during April 2020 to October 2020 was US$ 5.58 billion. The total plastic and linoleum export during April 2020 to November 2020 was US$ 4.90 billion and for the month of November 2020, it was US$ 507.06 million.
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Electrical equipment market production is estimated to touch USD 100 Bn by 2022. 2. The sector contributes about 8% to the manufacturing sector in terms of value, and 1.5% to overall GDP. 2. The sector is projected to provide employment, both directly and indirectly, to 3.5 Mn people by 2022. 2. Reasons to Invest.
2012 to 2040, with all other gross output sectors, and particularly the nonmanufacturing sector, becoming smaller. For India, the shift toward services is explained by slower growth in the agriculture industry. For the Middle East and Russia, the shift is explained by slower growth in the oil and natural gas extraction industry.
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7. Methodology .. 28. Message from FICCI. Dilip Chenoy Secretary General FICCI The Indian manufacturing sector has witnessed a steady recovery in the last 2 years, with the growth rate increasing from 2.8% in …