February 2021

GUJARAT Two Gujarat villages first in India to get LiFi In the first step towards creating smart villages in Gujarat, an Ahmedabad startup has powered up two villages with high-speed internet using LiFi-based technology. Akrund and Navanagar villages in Aravalli district of Gujarat have become India’s first smart villages with LiFi-based internet connectivity. With this … Read more

GUJARAT Gujarat: Bumper onion crop to boost exports The possibility of bumper onion production has brightened the export prospects of processed onions from the state. A record 70,000 tonnes of dehydrated onions are expected to be exported in 2021-22 from Mahuva in Bhavnagar district, which accounts for about 90% of India’s exports of dehydrated onions. With the … Read more

GUJARAT Reliance Jio largest telecom operator in Gujarat Telecom operator, Reliance Jio, is now officially the market leader with a highest subscriber base in Gujarat. According to the latest telecom subscription report for December 2020, released by Telecom Regulatory Authority of India (TRAI), Reliance Jio now holds 2.54 crore mobile subscribers in Gujarat. The telecom company added 3.36 lakh … Read more

GUJARAT Startup workforce in Gujarat shrinks 9% in 2020 Shrinking workforce was a common phenomenon post lockdown and the trend was similar with startups too. The number of people employed by startups across Gujarat declined by 9% to 9,577 in 2020 from 10,539 in 2019, shows data compiled by the Union ministry of commerce and industry. Incubators … Read more

GUJARAT Covid impact: Gujarat gets Rs 10k crore less from Centre Owing to the Covid-19 pandemic, the Gujarat government has lost a sizeable Rs 7,972 crore in the form of central share of taxes in the ongoing financial year. A comparison of the budget estimates (BE) and revised estimates (RE) for 2020-21 of the government of India … Read more

GUJARAT Gujarat: Marginal increase seen in palm oil prices While the retail prices of sunflower and soyabean oil will remain unaffected, consumer prices of palm oil may move up marginally, said edible oil industry players. The Union Budget  announced the imposition of agriculture infrastructure and development cess, thus pushing up effective duty on crude palm oil (CPO). Although, the basic custom … Read more

GUJARAT At Rs 18,996 crore, Gujarat third in loans to MSMEs Loan amount worth Rs 18,996 crore was extended to MSMEs in Gujarat under the Emergency Credit Line Guarantee Scheme (ECLGS) till January 21, 2021, according to data tabled in the lower house of the Parliament. This makes Gujarat the third-highest borrower under the scheme, … Read more

GUJARAT Indian Institute of Skills is to set up in Gujarat The Indian Institute (IIS) of Skills is being set up by Labour and Employment department along with Tata Group at Nasmed village of Gandhinagar. Gujarat Govt. to start work for IIS at Nasmed, about 20 km from Ahmedabad, which is aimed at providing training … Read more

GUJARAT Gujarat to introduce bill to keep love jihad in check Gujarat government will enact law to keep ‘love jihad’ in check. Gujarat introduced the new and stringent act of Gujarat Land Grabbing (Prohibition) Act 2020 in which there is provision of 14 years imprisonment to those who illegal grab somebody’s property. INTERNATIONAL World Pulses Day: … Read more

GUJARAT Virtual national tax conference from Feb 17 The All India Federation of Tax Practitioners (West Zone), an association of advocates, chartered accountants and tax practitioners in the country, will organise a two-day ‘Virtual National Tax Conference’ from February 17. The conference is being jointly organised by AIFTP (West Zone), the Goods and Services Tax … Read more