Measures announced in the Budget such as extending the period of incorporation of eligible budding entrepreneurs for providing tax incentives, would provide a lot of support, Piyush Goyal has said
As and when other PLI schemes get approved, the cabinet is empowered to approve it
The Union Minister was addressing the inaugural session of the Inception Meeting of the Startup 20 Engagement Group of G20 in Hyderabad
The projects have been approved by the government under the National Technical Textiles Mission
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"With Canada, while they are also not much of a manufacturing base, we have to go into more details. With the UK, it's a manufacturing country on many products. So we have to do it very carefully"
The country's services exports are doing extremely well and going by the current trend these outbound shipments would register about 20% growth in this fiscal
Goyal said sensitive issues will not be allowed to scuttle the FTA talks with UK and they will focus on what is acceptable to both countries
Goyal was speaking at the fourth Plenary Session of the B20 India Inception Meeting on Building Resilient Global Value Chains in Gandhinagar
Will be significant ramp-up compared to 5-7% now
He mentioned that India was one of the top five countries in the world in terms of adopting and implementing environmental goals
'They are already at about 5-7% of their manufacturing in India. If I am not mistaken, they are targeting to go up to 25% of their manufacturing'
Commerce and Industry Minister Piyush Goyal on Monday called for making a strong database of all startups in the country as it would belp both public and private sectors
He said FCI will follow the principle of zero tolerance for corruption and there is a need to ensure that there is not a single corrupt employee in FCI
Live news updates: The remains would be taken to Sharad Yadav's ancestral village in Narmadapuram, Madhya Pradesh
In June last year, members of the WTO agreed to grant a temporary patent waiver for the manufacturing of Covid-19 vaccines for five years
Goyal also emphasised upon the need for de-politicisation of the global supply of essential medicines
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Two specific targets for this elevated engagement were semiconductors and defence production