Page 24 - Piyush Goyal

Govt launches gateway to facilitate post-harvest financing for farmers

Through the digital gateway of WDRA and e-NAM, farmers can now sell their commodities above the minimum support price (MSP)

Goyal launches platform to enable loans against produce to farmers

Food and Consumer Affairs Minister Piyush Goyal on Monday launched a digital platform to facilitate farmers in getting loans against their produce stored in registered godowns and said it would help boost the farming community's income and make agriculture an attractive proposition. The minister also announced that the Warehousing Development and Regulatory Authority (WDRA) would soon lower the security deposit paid by the warehouse owner to 1 per cent of the value of the stock from the current 3 per cent. At an event here, Goyal launched the digital gateway named 'e-Kisan Upaj Nidhi', which aims to facilitate farmers in obtaining post-harvest loans from banks against their stocks stored in the WDRA registered warehouses. The loans are provided against electronic Negotiable Warehouse Receipts (e-NWRs). At present, there are more than 5,500 registered warehouses under WDRA, while the total number of agri-warehouses is estimated at around 1 lakh. The minister emphasised the need to .

Highlights of the day: 400 farmer unions to be at 'Mahapanchayat' in Delhi

Catch all the latest updates from across the globe here

WTO MC13: Abu Dhabi meet ends with no consensus on agri, fisheries

Countries agree to renew the e-commerce moratorium until next ministerial

Protection for Indian farmers, fishermen ensured at WTO MC 13: Piyush Goyal

Emphasisng the importance of securing their well-being, Goyal stated, "I think that India has successfully delivered on the issues that were our role and has achieved the outcomes that we expected"

WTO fails on major reforms, extends digital tariff ban in Abu Dhabi meeting

On the 5th day of the ministerial meeting, most ministers had already gone home, although India's trade minister Piyush Goyal and European Trade Commissioner Valdis Dombrovskis remained until the end

It's 'sad' some countries still obstructing outcomes at WTO: Piyush Goyal

The WTO ministerial meeting in Abu Dhabi this week is seeking deals on ending fishing subsidies and extending a moratorium on digital trade tariffs - a move that India and South Africa oppose

Govt launches Bharat Startup Ecosystem Registry to create database

The government on Thursday said it has launched a platform, Bharat Startup Ecosystem Registry, to create a comprehensive database with details about all the startup ecosystem stakeholders under one roof across different categories. Commerce and Industry Minister Piyush Goyal became the first person to register on the platform, signifying the government's commitment to nurturing India's burgeoning startup ecosystem. "The Registry will act as a one-stop database with details on all startup ecosystem stakeholders under one roof across different categories," it said. It is envisaged that the registry will facilitate easy access and discovery, fostering collaboration and growth within the ecosystem. "This one-stop platform will house detailed information on all ecosystem participants, facilitating easy access and discovery,' it said, adding that the registry will include various categories of entrepreneurs, including those in the early stages of ideation, social impact ventures, and ...

India consensus builder at WTO, certain nations breaking that: Piyush Goyal

India is a consensus builder in the World Trade Organisation (WTO) by playing a key role in the process but some countries are breaking that, Commerce and Industry Minister Piyush Goyal said on Wednesday. He is here for the 13th ministerial conference (MC) of the WTO. The meeting started on February 26 to discuss issues such as agriculture and fisheries subsidies, dispute settlement and moratorium on customs duty levy on e-commerce trade. The minister's remarks came amid allegations by certain developed nations that India is blocking deals at the WTO. "Our stand is consistent... we have to see who are blocking the issues and who is responsible for not letting things of the WTO smoothly... It is proved that India in fact is a consensus builder and we are playing a key role in making consensus ...and certain countries are breaking that consensus on certain issues," Goyal told reporters here. He also said that India stands on strong principles of fair play, justice at the WTO and want

India-UK FTA: Goyal, Badenoch meet to decide future course of action

The ministers are expected to hold bilateral talks on the sidelines of the World Trade Organization's four-day summit - the 13th Ministerial Conference -- in Abu Dhabi

Startups backbone of new India, it's our time under the sun: Piyush Goyal

Goyal said that the event will be a platform to showcase India's success stories built over the last decade. It would also showcase to the world that "India has today emerged as a global leader"

Piyush Goyal urges textiles industry to work on long road map for sector

Union Minister Piyush Goyal on Monday asked the textiles industry stakeholders to work on a long roadmap for growth of the sector, "which has huge potential". The textile minister said the industry needs to focus on the world market as it would help make the sector competitive. "We are looking at a team working from across sectors to prepare the roadmap for India," he said at textiles industry function here. He said the Indian economy is likely to reach USD 35 million by 2047, "so we have to see what will be the share" of textiles in that.

Centre directs 100% auction of dust tea grades from North India

Mohit Agarwal, Director, Asian Tea Company, said that the move would make the tea industry "robust and transparent"

WTO should not negotiate rules on non-trade issues, says Piyush Goyal

Says such matters should be addressed in intergovernmental organisations

WTO meet: India to seek permanent solution to food security issues

India will strongly oppose a China-led proposal for an investment facilitation pact besides pressing for finding a permanent solution to public stock holding of grains for food security and protection of the interests of fishermen at the WTO ministerial meeting beginning Tuesday. The Indian delegation is led by Commerce and Industry Minister Piyush Goyal. The four-day 13th ministerial conference (MC13) will start on February 26 in Abu Dhabi, the United Arab Emirates (UAE). Trade ministers of 164 member countries of the World Trade Organisation (WTO) are meeting against the backdrop of the uncertain global economic situation due to the Red Sea crisis, the Ukraine-Russia war and the Israel-Hamas conflict. The key issue of India's interests at the meeting relates to finding a permanent solution for its minimum support price (MSP) issue for food security, agricultural reforms, fisheries subsidies, e-commerce moratorium on import duties, dispute settlement, and WTO reforms. *Food securi

India will not rush into signing free trade deals, says Piyush Goyal

The minister was responding to a question on India's trade negotiations with the UK and the European Union (EU) becoming more complicated

Hope nations will come to WTO meet with positive attitude like India: Goyal

India on Friday expressed hope that other countries will come to the WTO meet in Abu Dhabi with a positive attitude and listen to the concerns of developing nations for providing free and fair solutions to their problems. Commerce and Industry Minister Piyush Goyal also said that though the World Trade Organisation (WTO) has played an important role in setting robust rules for global trade, there are significant problems in the organisation. Trade ministers of 164 countries will gather in Abu Dhabi, UAE from February 26 to discuss a range of issues pertaining to areas such as agriculture, fisheries subsidies, and a moratorium on imposing customs duty on e-commerce trade. "I do hope that other countries will also come to the table with a positive attitude as does India...(I do hope that) other countries are also willing to listen to us and other less developed and developing countries' concerns and give free and fair solutions to the problems," Goyal said at the Raisina Dialogue ...

India-EU FTA must be fair, equitable and balanced: Goyal at CII event

The minister further elaborated on the plethora of opportunities in the various sectors across India

Highlights of the day: Farmers say won't march to Delhi for 2 days

Farmers' protest march updates: Catch all the latest updates on the farmers' protest here

Govt negotiates trade, investment agreements with open mind: Goyal

Commerce and Industry Minister Piyush Goyal on Wednesday said India negotiates trade and investment agreements with fairness and open mind and takes care of interest of people. He also said countries that are negotiating Free Trade Agreements (FTAs) and investment pacts with India should keep in mind that New Delhi offers huge market to them in terms of demand and business opportunities. "I can assure you that India negotiates with fairness, with an open mind... India also takes care of its wider and larger interest in the long run," he said at the CII India-Europe conclave. FTAs, or Bilateral Investment Treaties (BITs), or agreements on geographical indications, will have to stand the test of fair, equitable, and balance agreements as the level of economic developments varies, he said. "We will have to respect the very different opportunities that are offered by India vis-a-vis the offer on the table from other countries," he said, adding that India is one of the fastest growing .