DURGAPUR, 29 APRIL: The artisan’s fair at Durgapur Haat, which was scheduled to be held from 2 May 2012, has been postponed till after the Durga Puja due to lack of footfall resulting from the intense heat wave. The haat, the first of its kind in the state, was inaugurated by chief minister Mamata Banerjee on 13 April last year.

BHUBANESWAR: Even as the State Government is yet to recover from the multi-crore linkage-coal scam, the Directorate of Industries has recommended allocation of two lakh tonne subsidised coal in favour of the National Small Industries Corporation (NSIC) for distribution among coal-consuming micro, small and medium enterprises (MSMEs).

The Directorate made the recommendation to the Government without assessing the annual requirement of the MSMEs of the nine districts for which NSIC is the nodal agency for distribution.

Bhopal : Madhya Pradesh is going to bring out the first state level industrial production index and the maiden index would come out in January 2012. The index would facilitate more accurate and timely assessment of Gross Domestic Product (GDP) of industries. Presently, in the absence of this index the All India index has to be depended upon.

The Congress party’s political leadership today backed the government’s decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail.
Armed with this support, the government tonight braced itself for a face-off with the opposition at the all-party meeting tomorrow. And hoped that it could get its allies DMK and Trinamool, which have lent their voices to the opposition’s chorus, to climb down.

When the small and medium-scale industries relocated to Konkan from Nashik, Thane, Pune and Belapur, they were not prepared to incur losses.
Two years ago, the state drew up a policy to decongest the Nashik, Thane and Pune corridor by giving incentives such as cheap land and labour to small and medium-scale industries to relocate their units to MIDC in Konkan region.