Page 15 - Latest Updates on Piyush Goyal
India to become world's third-largest economy by 2027: Piyush Goyal
Further, the minister said that the then Union Finance Minister P Chidambaram in his interim budget of 2014 had predicted that in the next 3 decades
 "India to become world's third-largest economy by 2027: Piyush Goyal")
We are doing FTAs only after extensive stakeholder consultations: Goyal
Citing the agreement with the four-European nation bloc EFTA, he said that for the first time in the history of FTAs, India has received a commitment of USD 100 billion FDI
 "We are doing FTAs only after extensive stakeholder consultations: Goyal")
Looking to double turmeric production to 2 million in 5 years: Piyush Goyal
The leading export markets for Indian turmeric are Bangladesh, UAE, USA and Malaysia
 "Looking to double turmeric production to 2 million in 5 years: Piyush Goyal")
We aim to boost organic product exports to Rs 20,000 cr in 3 years: Goyal
He said this while releasing the eighth edition of National Programme for Organic Production (NPOP) with new regulations aimed at enhancing clarity and transparency in organic product standards
 "We aim to boost organic product exports to Rs 20,000 cr in 3 years: Goyal")
Food, beverage, marine exports could hit $100 bn in 4-5 yrs: Piyush Goyal
Interacting with the food and beverage industry players, the minister also suggested the companies focus on quality, nutrition and sustainability
Working on strategy to push growth of exports in goods, services: Goyal
In 2024-25, the exports are expected to cross $800 billion. It was $778 billion in the previous fiscal year
 "Working on strategy to push growth of exports in goods, services: Goyal")
FDI in India surging as global investors see top destination: Piyush Goyal
He said that global investors are showing keen interest in India as the country offers several advantages such as strong domestic market, skilled and talented workforce and rule of law
 "FDI in India surging as global investors see top destination: Piyush Goyal")
Industry accepts quality norms on plywood, MDF after initial resistance
The government has been working in mission mode to develop a robust quality ecosystem in India, the hallmark being the emphasis on superior and safety compliant products
 "Industry accepts quality norms on plywood, MDF after initial resistance")
States must develop logistics plans to boost investments: Piyush Goyal
He emphasised on implementation of measures to promote green logistics, workforce inclusivity and facilitation of Central Government projects
No fresh subsidy required for India's EV ecosystem, says Piyush Goyal
"India's electric mobility segment is ready and set to fly. There is no need for new incentives as the existing ones are sufficient to kick-start the ecosystem," Goyal said during a press event
 "No fresh subsidy required for India's EV ecosystem, says Piyush Goyal")
Open to suggestions to ease start-ups' return to India: Piyush Goyal
Several start-ups had initially registered abroad for easy access to finance from international funds, enhanced valuations and relaxed regulations in many sectors
Piyush Goyal asks Blinkit to follow applicable laws for 10-min ambulance
Asked about issues raised by small retailers about quick-commerce or e-commerce firms, he said the government is monitoring that and the CCI (Competition Commission of India) has already taken actions
 "Piyush Goyal asks Blinkit to follow applicable laws for 10-min ambulance")
India's exports to cross $800 billion this fiscal year: Piyush Goyal
Commerce and Industry Minister Piyush Goyal on Friday said despite global economic uncertainties, India's exports of goods and services are expected to cross USD 800 billion, which will be a record.
 "India's exports to cross $800 billion this fiscal year: Piyush Goyal")
EV firms agree to end subsidy after current benefits end: Piyush Goyal
The ministry also suggested the industry body of the sector to run a campaign to increase awareness about benefits of EVs
PM Narendra Modi lauds ONDC for revolutionising digital commerce in India
ONDC has contributed to empowering small businesses and revolutionising e-commerce, thus playing a vital role in furthering growth and prosperity
 "PM Narendra Modi lauds ONDC for revolutionising digital commerce in India")
India-EFTA trade pact may come into force before end of 2025: Goyal
The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
CAIT writes to Piyush Goyal, seeks action against quick commerce firms
CAIT national president BC Bhartia accused quick commerce platforms like Zomato-owned Blinkit, Instamart (Swiggy), and Zepto of misusing funds received through foreign direct investment
 "CAIT writes to Piyush Goyal, seeks action against quick commerce firms")
Piyush Goyal flags trade barriers in first meet with EU trade chief
During the meeting, Goyal also emphasised the 'need to address long-pending issues as a confidence-building measure'
 "Piyush Goyal flags trade barriers in first meet with EU trade chief")
Integration of industry, govt platforms can improve logistics: Piyush Goyal
He also urged the logistics industry to work on following sustainable and green practices to cut carbon footprint in the sector
 "Integration of industry, govt platforms can improve logistics: Piyush Goyal")
India raises barriers issue faced by domestic industry with European Union
Both sides agreed to explore a balanced, equitable, ambitious and mutually beneficial FTA, it added
 "India raises barriers issue faced by domestic industry with European Union")
