Page 30 - Commerce Ministry

Possession, sale of imported fireworks illegal: Commerce Ministery

Commerce and industry ministry said information about possession or sale of illegal fireworks may be reported to the nearest police station for suitable action

Govt may allow services units in SEZs to accept payments in rupee: Report

The proposal is aimed at promoting the growth of IT units in special economic zones (SEZs)

Steps taken to protect domestic industry from unfair trade practices: Govt

There has also been a reduction in the number of actual days taken to initiate investigations

File application for dumping probe, commerce ministry tells cashew industry

Cashew Export Promotion Council of India was asked to file an anti-dumping investigation request with the DGTR

Odd decisions and the consequences

What caused the ministry to deny the drawback at AIR for deemed export in 2013? And, what has now happened in 2019 to restore the benefit with retrospective effect? The reasons are far from obvious

Edible oils deficiency

Farmers need stable policy environment for investment

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