Scheme for Investment Promotion, 2025-26

Central Government has provided for continuation of the Scheme for Investment Promotion (SIP), a Central Sector scheme, for the duration of five years (i.e., FY 2021- 22 to 2025-26) with a financial outlay of INR 970 crores.

NPPA extends capping of trade margin on oxygen concentrators till May 31.

The formula prescribed for the Maximum Retail Price (MRP) is Price to Distributor (PTD) + (PTD x TM) + Applicable GST, where TM = Trade Margin not exceeding 70% and it has also directed manufacturers to fix MRP of oxygen concentrators and submit the information containing details of PTD, Retail Price, existing and revised MRP, by using the formula prescribed and other details for oxygen concentrator to NPPA.

Ministry of Food Processing notifies the initiatives granted to Food Processing Industries.

Centrally Sponsored -PM Formalisation of Micro Food Processing Enterprises Scheme (PMFME) for providing financial, technical and business support for setting up/upgradation of 2 lakh micro food processing enterprises across the country during five years from 2020-21 to 2024-25 based on One District One Product (ODOP) approach with an outlay of Rs.10,000 crore.