Jitin Prasada

India fine tuning FTAs with countries to suit domestic industry: Prasada

India is revising FTAs with South Korea, Malaysia and various other ASEAN countries to benefit the domestic industries, Union Minister of State for Ministry of Commerce and Industry Jitin Prasada said on Monday. At the 64th annual session of ACMA (Automotive Component Manufacturers Association) here, he noted that the free trade agreements (FTAs) with the UK and the European Union are being spearheaded by Prime Minister Narendra Modi. "It will play a great role for the auto components industry," the minister said. He further said: "We are also revising and reworking our FTAs with Korea, with Malaysia, with ASEAN countries, which will be fine-tuned to the demands of our industry." Prasada also urged the auto components industry to increase investment in R&D activities. "We are not investing enough in R&D, I believe this is 1 per cent of the revenue that is being invested so this is very crucial," he noted. He also emphasised the importance of boosting exports, reducing import ..

FDI in manufacturing rises 69% to $165 bn during 2014-24: Jitin Prasada

Foreign direct investment inflows in the manufacturing sector during 2014-24 rose by 69 per cent to USD 165.1 billion, Parliament was informed on Friday. In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Jitin Prasada said that India is rapidly emerging as a preferred country for foreign investment in the manufacturing sector " FDI equity inflow in the manufacturing sectors in the last ten financial years (2014-24) has increased by 69 per cent to USD 165.1 billion as compared to USD 97.7 billion in the previous ten financial years (2004-14)," he said. He also said that the total FDI inflow of USD 383.50 billion has been reported in the country during the past five financial years (2019-20 to 2023-24). Replying to a separate question, he said that the initiatives taken by the Government have led to a decline in dependency on imports in several sectors including mobiles. The import of mobile phones has decreased from Rs 48,609 crore in 2014-15 to Rs

Lok Sabha elections: Naveen Jindal, Kangana Ranaut on BJP's latest list

Pilibhit MP Varun Gandhi has been replaced by Uttar Pradesh minister Jitin Prasada. However, Maneka Gandhi has been fielded again from Sultanpur

Congress prez poll: When Jitendra Prasada challenged Sonia Gandhi and lost

Senior Congress leader Shashi Tharoor is contemplating the possibility of running for the post of the party president, the elections for which are due to be held on October 17

How's the 'prasad', Jitin Prasada asks Sibal in payback as leader quits

BJP leader Jitin Prasada on Wednesday took a swipe at Kapil Sibal after he quit the Congress and filed his nomination for a Rajya Sabha seat from UP as an Independent backed by the Samajwadi Party

Jitin Prasada meets Uttar Pradesh CM Adityanath, seeks his 'blessings'

Prasada recently switched from the Congress to the BJP

Congress battles growing restlessness ahead of Assembly elections

Around this time the party was to hold elections to the post of party president. Amid Covid-19, the exercise was cancelled indefinitely after the CWC put its seal of approval on the cancellation

Best of BS Opinion: Threat of third Covid wave, another Cong crisis & more

Here are the best of Business Standard's opinion pieces for Friday

Another Congress crisis

The grand old party must stop the accelerating rot

Sibal slams Jitin for switching to BJP, says it's 'politics of prasada'

Kapil Sibal is a prominent member of the Congress' group of 23 leaders who wrote to party chief Sonia Gandhi seeking organisational overhaul last year

Congress needs to undergo 'major surgery': Moily on Jitin Prasada's exit

The remark comes a day after Jitin Prasada switched to the BJP

Congress leader Jitin Prasada joins BJP ahead of Uttar Pradesh elections

The BJP sees value in Prasada as a means to get Brahmins to return to the party

Sarma, Scindia and now Prasada, Cong continues to lose stalwarts

47-year-old former Union minister Jitin Prasada jumped ship on Wednesday

AICC Incharge of West Bengal, Jitin Prasada tests Covid-19 postive

All India Congress Committee in charge of West Bengal, Jitin Prasada on Wednesday announced that he had tested positive for Covid-19.The former minister for State for Human Resource in a tweet said: "I have tested positive for COVID-19. Anyone who may have come in contact with me over the last few days, please get yourselves tested. I am presently in quarantine as advised by my doctors."On April 5, he was seen campaigning in Kolkata Port in the South Kolkata district of Bengal for the Congress candidate, MD Mukhtar ahead of phase four of the West Bengal assembly elections.Polling in the fourth phase in the eight-phased West Bengal Assembly election is scheduled to be held on April 10.Meanwhile, with 1,15,736 new COVID-19 cases in the last 24 hours, India recorded its daily highest spike on Wednesday.With the surge, the total count of cases in India has reached 1,28,01,785. The country reported 630 Covid-related deaths in the last 24 hours, while the active number of cases stands at ...

Jitin Prasada asks UP govt to declare Parshuram Jayanti state holiday

Prasada's request has come a day after BSP chief Mayawati announced that if voted to power, her party will build hospitals in the name of Parshuram

Priyanka Gandhi Cong's face in 2022 polls? CWC and she to decide: Prasada

Prasada said making Priyanka Gandhi the party's face in the 2022 UP Assembly elections was a 'strategic decision' to be taken by the Congress Working Committee and Priyanka herself