Page 30 - Commerce Ministry

Commerce Ministry raises issue of notices to exporters for GST 'violation'

The commerce ministry has stated that the 'overzealous revenue collection' move by Directorate of Revenue Intelligence was against exporters

Commerce ministry to close State Trading Corp, Project and Equipment Corp

At a recent high-level meeting in August, it was decided to immediately initiate the process of winding up of both the public sector units under the administrative control of the ministry, they added

India's export problem

Mere tinkering will not help

Govt considers measures to improve financial health of State Trading Corp

The measures, which are under consideration, include provision of adequate time for STC to repay bank loans and sale of immovable assets

India draws up red lines on Asia free trade pact before key meeting

India is under increasing pressure to complete negotiations and decide on whether it will be part of RCEP.

Ministries planning to allow small businesses to enter manufacturing sector

The MSME sector accounts for 30 per cent of the country's gross domestic product, anchoring 45 per cent of total industrial production

Finance, commerce ministries lock horns over fiscal support for exporters

The commerce department last month pitched for the additional 2 per cent MEIS, introduced in 2017 for a few months, as a transitionary measure

100-day agenda: Commerce ministry pushes for separate logistics department

Official estimates put the size of the Indian logistics market at $100-125 billion and growing at about 5% annually

100-day agenda: Commerce ministry proposes major export promotion scheme

The proposal is part of a 100-day action plan prepared by the ministry for the new government which will take office on May 30

Govt to form national trade portal to cut logistics cost: Commerce jt secy

He says the portal would include online certificate system since there were 88 government entities delaying the process of certification

Commerce ministry to devise national strategy on product standards

The Department of Commerce has floated a draft Indian National Strategy for Standardisation seeking comments from all concerned stakeholders till March 30

Commerce ministry to revisit $900 bn exports target by FY20

India exports goods worth $300 bn per fiscal year, while services exports amounted to $150 bn annually

Defence manufacturing licences to be issued by commerce ministry

It will promote ease of doing business and give impetus to 'Make In India' initiative

Govt to take companies' feedback for ease of business ranking of states

Feedback scores will be used to generate a ranking of states/UTs in terms of reform implementation

Commerce ministry seeks details regarding MIP

Domestic manufacturers had earlier called for restrictions like MIP on aluminium imports

Commerce ministry begins review of foreign trade policy

To hold stakeholders consultations to understand the issues faced by exporters

Commerce Ministry not for imposing anti-dumping duty on batteries

DGAD has recommended that imposition of the duty on the imports is not required

Commerce ministry wary of revoking Pak's MFN status

Prime Minister Narendra Modi has called a meeting with top officials on Thursday for a review

Commerce Ministry pushes for better logistics to increase exports

Indian exporters time and again demand drastic cuts in freight rates to enhance their price competitiveness in the global markets

Commerce Ministry sets up grievance redressal committees

The committee's terms of references include reviewing grievance cases pending beyond reasonable time for speedy disposal