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The government on Friday made it mandatory for importers of certain products which are exclusively used for solar energy projects to register on the renewable energy equipment import monitoring system. These products include toughened (tempered) safety glass and photosensitive semiconductor devices, including photovoltaic cells. A similar condition will also apply for imports of certain items having end-use in the area of wind-operated electricity generation. It included towers, bearing housings, gears and gearing. The import policy conditions of these items will come into effect from November 1, the Directorate General of Foreign Trade said in a notification. It said this policy condition will apply to imports through air cargo, sea cargo and land route. In a separate notification, the DGFT said that import of Sulfadiazine API (Active Pharmaceutical Ingredient) having a CIF (cost, insurance, freight) value of less than Rs 1,774 per kg, is restricted till September 30, 2026, with
Prime Minister Narendra Modi on Saturday unveiled various youth-focused initiatives worth more than Rs 62,000 crore, with a special emphasis on poll-bound Bihar. Modi launched PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs), a centrally sponsored scheme with an investment of Rs 60,000 crore. It envisages the upgradation of 1,000 government ITIs in a hub-and-spoke model comprising 200 hub ITIs and 800 spoke ITIs. "Collectively, PM-SETU will redefine India's ITI ecosystem, making it government-owned but industry-managed, with global co-financing support from the World Bank and Asian Development Bank," a PMO statement earlier said. In the first phase of the scheme implementation, there will be a special focus on ITIs in Patna and Darbhanga in Bihar. A special emphasis of the programme will be on transformative projects in Bihar, reflecting the state's rich legacy and youthful demographic, the statement said. Modi launched Bihar's revamped ...