Principal Scientific Adviser chairs meeting to discuss Biomass Cultivation (See 'Corp Brief') SAFEMA - Appellant have furnished evidence which show satisfactorily that they took all reasonable steps to realise export proceeds : Tribunal (See 'Legal Desk') Companies Act - Winding up petition can be dismissed when contentions raised by parties constitute triable issues as Company Court cannot enter into adjudication of disputed facts of amount due and payable : HC (See 'Legal Desk') Competition Act - In absence of any apparent anti-competitive conduct, decision of purchase or sale of product and quantity thereof is driven by commercial considerations of market players : CCI (See 'Legal Desk') Slum Rehabilitation Act - Preferential right to owner is available only when someone other than owner is being preferred and owner has never before been given or availed of right to develop : HC (See 'Legal Desk') India Pavilion at World Hydrogen Summit showcases Green Hydrogen Mission (See 'Corp Brief') CPC - Application can be dismissed as Intervener has already initiated its own remedy by way of independent Execution Petition : HC (See 'Legal Desk') SEBI Act - Appellant has not shown sufficient cause for condonation of delay in filing appeal : SAT (See 'Legal Desk') PMLA - When questions relating to legality of arrest is under consideration, more holistic and libertarian view is to release Chief Minister of Delhi on interim bail for Lok Sabha General Elections : SC (See 'Legal Desk') Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 - Order for forfeiture of properties is rightly made as property is occupied through lllegal earning : Tribunal (See 'Legal Desk') Summer Power demand expected to be adequately met during both day and night (See 'Corp Brief') Arbitration Act - As petitioner is not notified as 'financial institution' or 'bank' under RDB Act, there is no bar on parallel proceedings to co-exist under A&C Act as well as SARFAESI Act : HC (See 'Legal Desk') Cr.P.C. - Once order issuing process has been set aside, then applicant has no right to file application u/s 482 of Cr.P.C. for quashment of complaint case : HC (See 'Legal Desk') Competition Act - WordPress.org is justified in taking appropriate action against any developer found non-compliant with prescribed standards and regulations : CCI (See 'Legal Desk') Ministry of Skill signs MoU with Mahindra Ltd to conduct two Pilot Projects (See 'Corp Brief')

Pradhan appeals to Steel Industry to work towards making India Atmanirbhar

Published: Oct 16, 2020

By TIOLCORPLAWS News Service

NEW DELHI, OCT 16, 2020: The Minister of Steel & Petroleum and Natural Gas Mr Dharmendra Pradhan has appealed to Steel industry leaders to work with transparent policies and generate employment opportunities to strengthen the country in making Atmanirbhar. He further stated that with a bouquet of policy reforms, government aims to provide a level-playing field to the industries for wealth creation. Well-laid processes and policy clarity are being designed to ensure ease of doing business.

Speaking as the Chief guest at the ICC National E-Conference on ‘Atmanirbhar Bharat: Focus: Downstream Industries in Steel, Chemical and Petro-Chemical sector organized by Indian Chamber of Commerce & Industry (ICC) in association withMinistry  of Steel and Ministry of  Petroleum and Natural Gas, here today, Mr Pradhansaid, “Ensuring Minimum Government, and Maximum Governance will be key to enable our industries to create wealth for society. We must facilitate businesses by providing necessary infrastructure”.He called upon steel industry leaders togear up to meet domestic requirements.He said our collective efforts with resolve and co-operation will pavethe way for making of an Aatmanirbhar Bharat.

Mr Pradhan said that country has emerged from the slowdown caused by the pandemic and multiple economic indicators are already suggesting a rebounding of Indian economy.  He said there is a visible growth in the manufacturing sector, exports which were minus 6.6 in 2019, have grown by 5.3 % last month. He mentioned that Railway freight has shot up by 15%, FDI has also increased and there is increasing investments in various projects leading to positive growth trajectory.  He also stated that Industry and businesses have a huge role to play in the economic recovery and self reliant India.

Talking about the Mission Purvodaya envisioned by Prime Minister Mr Narendra Modiwhich calls for balanced development of India with eastern India leading the way, Mr  Pradhan said that Odisha will play a key role in realising Mission Purvodaya and making of an Aatmanirbhar Bharat.Odisha's natural advantage in mineral resources and having large ports offer unique opportunities for industrial growth. He said both steel and petrochemical sector and their ancillary industries are uniquely poised to leverage the opportunities and further expand their footprints. The Minister emphasised that Port-led economy can be a game-changer for Odisha. He said goverment is doing massive work in inland waterways in Odisha,Paradip port has emerged as the numerouno port of India. Dhamra and Gopalpur ports are playing important roles. The minister said that industry leaders should leverage the rich mineral resources, skilled workforce and well-drawn policies of the Odisha government to excel in Steel manufacturing.

Minister of Home, Industries,Energy & MSME Odisha, Industry leaders, Chairman of IOCL, Senior functionaries of Odisha Government and ICC participated in the conference.

TIOL CORP SEARCH

TIOL GROUP WEBSITES