The application window for the Production Linked Incentive (PLI) scheme for white goods - ACs and LEDs - will be open for three months from Tuesday, the Commerce Ministry said on Monday
The application window for the PLI scheme for white goods - ACs and LEDs - will be open for three months from Tuesday, the commerce ministry said on Monday. Commerce and Industry Minister Piyush Goyal on Monday held interaction with the industry on the Production Linked Incentive (PLI) scheme on white goods. "The interaction was held to take the feedback on the scheme, the application window for which will be open for three months from tomorrow," it said in a statement. Addressing the captains of the industry, Goyal said the scheme has been introduced to produce national manufacturing champions and it will bring cost-competitiveness, quality, efficiency and technology. The minister said that through PLI, India will leverage its competitive and comparative advantage to stake its claim in global supply chains. Goyal said that the selection of the companies eligible under the scheme will be done in a transparent and time-bound manner. PLI scheme for white goods was notified on April
As many as 50,000 startups have been recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) till date, an official statement said on Thursday.
Commerce and Industry Minister Piyush Goyal on Tuesday called upon GeM to expand its scope and include more participants for public procurement of products and services.
But it is down 15% sequentially due to second wave
J&K Chief Secretary, B.V.R. Subrahmanyam, was on Thursday posted as OSD in the Union Commerce Ministry and will succeed Commerce Secretary Anup Wadhawan on his retirement next month-end.
A sharp rise in exports in April is giving a hope that the ambitious target of $400 bn merchandise shipments can be achieved this year, says Commerce and Industry Minister Piyush Goyal
Continuing a positive growth, India's exports grew by 80 per cent to USD 7.04 billion during the first week of this month, according to preliminary data of the commerce ministry.
This relates to issues such as customs clearance delays and banking matters
The commerce and industry ministry has convened a meeting of exporters on April 20 to discuss export situation against the backdrop of surging coronavirus cases
Healthy growth rate in sectors such as engineering and gems and jewellery helped
The new scheme aims to refund to exporters the embedded non-creditable central, state and local levies paid on inputs.
The union government is currently working on 'developing districts as export hubs' to decentralise export promotion activity
Indian industry pays a high logistics cost, hurting the competitiveness of domestic goods in the international market.
The country's exports are steadily recovering and it is expected to record a healthy growth rate in March, a top government official said on Wednesday.
India cannot be competitive if this cost remains high, Goyal said
Participating in a webinar on ''Scaling up Toy Exports from India'', Wadhawan said the government intends to promote Toy clusters through innovative and creative methods
Coining a new acronym, Goyal said the world today needs CURE - Cost-effective Universal solutions through Research and Enterprise
The commerce ministry has come out with a draft order as per which eggs and egg products would be subjected to quality control or inspection prior to exports
The Commerce Ministry should amend the Rule 34 suitably and also the Rules 46(12) and 46(13), as the procurement certificate has been replaced with the intimation prescribed under Rule 5 of Customs