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DBpedia 2016-04

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Matches in DBpedia 2016-04 for { ?s ?p "India Trade Promotion Organisation (ITPO), headquartered at Pragati Maidan, is the nodal agency of the Government of India under aegis of Ministry of Commerce and Industry (India) for promoting country's external trade. ITPO is a Mini-Ratna Category-1 Central Public Sector Enterprise (CPSE) with 100 percent shareholding of Government of India.In January 2016, ITPO awarded more than INR 2000 crore project to NBCC for construction of Integrated Exhibition-cum-Convention Centre (IECC) as part of Redevelopment of Pragati Maidan. Earlier in December 2015, a high level presentation was made to Prime Minister Narendra Modi by the Commerce Secretary Rita Teaotia for the proposed IECC. This complex is scheduled to be ready by late 2018. However, the project still has to clear some legal and regulatory hurdles before commencing construction.ITPO has been upgraded to Mini-Ratna Category-1 by Department of Public Enterprises (DPE) in 2015 due to continuous profit and robust past performance. This shall empower ITPO to incur capital expenditure on new projects, modernisation, purchase of equipment etc., without Government approval up to Rs. 500 crores, which was Rs. 250 crores under Mini-Ratna Category-II.Commerce & Industry Minister Nirmala Sitharaman endorsed in September 2015 that ITPO is one of India's best agencies for international affairs and is on the verge of starting a major Convention Centre in Delhi as the capital does not have a venue where international conferences could be held."@en }

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