Tag: Current Affairs of 30 September 2017

EESL to procure 10,000 Electric Vehicles from TATA Motors

  Energy Efficiency Services Limited (EESL), under the administration of Ministry of Power, Government of India (GoI), will procure 10,000 electric vehicles from Tata Motors Limited. The company was selected through an international competitive bidding aimed at increased participation. Tata Motors won the tender and will now supply the Electric Vehicles (EVs) in two phases

Small exporters exempted from furnishing bank guarantee

  To give relief to small exporters, the government has decided to exempt small exporters from furnishing bank guarantee for shipping goods and services. In a statement, Finance Ministry said that to facilitate exports under GST, it has been decided that the facility of furnishing Letter of Undertaking, in place of a bond, for exporting