The India-UK bilateral trading relationship was worth Pound 34 billion in 2022, growing by Pound 10 billion ( Rs 102 crore) in one year
Commerce and Industry minister Piyush Goyal on Friday urged the plastic industry players to focus on manufacturing quality and sustainable products with new technology and innovation to become globally competitive and increase exports. "...we are introducing quality checks and quality control on orders to stop the production or consumption, whether domestic or imported, of sub-standard and low quality, under-priced goods, which tend to hurt the plastic industry, our consumer interests and hamper the overall reputation and image of our country," the minister said at the 2nd 'Technology Conference for Growth of Plastic Industry' organised by industry body AIPMA. Goyal said, the government is very sensitive to the potential of the industry as well as about the problems of the plastic industry. "We are looking at how we can support the recycling of plastic waste or reuse of plastic raw material, and how we can make plastic disposable more effective and efficient. The global average rate
Union Minister of Consumer Affairs, Food and Public Distribution Piyush Goyal will chair the conference
The government will always act as a facilitator to strengthen the startup ecosystem and not act as a regulator, Commerce and Industry Minister Piyush Goyal said on Tuesday. He said that stakeholders of this ecosystem will do self-regulation. Addressing the Startup20 summit here, the minister said, the message that should go out from here is the joint commitment of all the 22 nations, who have participated, that the governments will not be looking at impeding the progress of the work that startups are doing. The best way is to be out of the startups ecosystem, he said, adding the government is not expected to start regulating or dictating or micro-managing the ecosystem. "Our role will always be that of a facilitator and I do not see the government becoming an administrator or a regulator of this sector," he said. He added that the job of the government is to give an initial push or early stage finance to budding entrepreneurs. The minister also said that India provides an unique
The commerce ministry on Monday asked exporters to focus on potential key sectors such as food, electronics and engineering and 12 major markets to boost exports, an official said. It was also suggested to focus on organising fairs and exhibitions at global scale, the government official said. These issues among others were discussed during a meeting called by the ministry with the industry and exporters. The meeting was chaired by commerce and industry minister Piyush Goyal. The six sectors which hold huge potential to increase the country's exports include food, textiles, engineering, electricals and electronics, medical devices, pharma and auto components. The main global destinations where exports could be promoted further include the US, UK, Brazil, Germany, Saudi Arabia, Sweden, Taiwan, Korea, Japan and Russia. An industry representative, who participated in the meeting, said that emphasis was given on both trade and investments. Increasing investments will help in promoti
In an exclusive interview with ANI, the union minister said that the leaders of the opposition parties cannot influence a single vote outside their respective states
The Ashok Gehlot-led dispensation in Rajasthan has failed on every parameter, Union Minister Piyush Goyal claimed on Saturday and alleged that the state did not develop in the past four-and-a-half years due to an "unstable and incompetent" government. He also claimed that news of scams in the state government regularly dominate the headlines. "The Gehlot government has completely failed on every parameter. It is a corrupt government. Rajasthan did not develop in four-and-a-half years due to an unstable and incompetent government and the news of scams come in the newspapers every day," Goyal told reporters in Bharatpur. Goyal, the Union Commerce and Industries minister, alleged a Rs 20,000 crore scam in the Jal Jeevan Mission tender process. A similar scam of Rs 5,000 crore took place in the IT department, corruption in mining and the mid-day meal scheme have also surfaced, he said. The Union minister is in Rajasthan to take part in the BJP's outreach programme to mark the ninth ...
Union Minister Piyush Goyal on Saturday accused Rajasthan Chief Minister Ashok Gehlot of corruption and said that people of the poll-bound state have made up their minds to vote for BJP in the forthcoming assembly elections. He claimed that the people of the state are "very" upset with the Gehlot government as they have failed on every front. "The people of Rajasthan are eager to root out the Gehlot government, and they have made up their mind to vote for BJP in the forthcoming assembly elections," Goyal told reporters here. He said also the Modi-government at the Centre has taken a series of measures for the welfare of poor people and farmers without any discrimination. The Union minister alleged that the state government is not implementing those schemes properly for the people here. The commerce and industry minister said that due to the steps taken by the Modi government, India's economy is recording a healthy growth rate. He alleged that during the UPA regime, India's econom
Goyal urged officials to hold regular consultation and roundtables with PLI beneficiaries
The government has sought feedback from the industry on the production linked incentive (PLI) scheme with a view to enhancing its effectiveness, according to an official statement issued on Wednesday. The commerce and industry ministry, which coordinates the scheme, also urged PLI beneficiaries to take up any procedural challenges/ issues with the respective implementing ministry or department so that positive reforms can be brought about and the scheme can be made more efficient and effective. Issues pertaining to the scheme were discussed in a workshop called by the Commerce and Industry Ministry on June 27 here. Commerce and Industry Minister Piyush Goyal stated that the government is committed to fostering a conducive business environment and accelerating growth in PLI sectors. "The minister encouraged industry's feedback and collaborative engagement to shape the policies, procedures and effectiveness of the PLI scheme," the ministry said in a statement. The government announc
The Minister said that the Indian textile industry has made a mark in the world with its innovative and attractive products
Union Minister Piyush Goyal on Monday said India is actively considering entering into free trade pacts and comprehensive economic partnership agreements to tap new markets, increase exports and create opportunities for the domestic textile industry. The Minister of Textiles highlighted that the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Park is being established across 7 states to promote India's textile sector in a significant manner. Goyal said PM MITRA Parks will lead to a reduction of logistic costs due to a cluster-based approach to manufacturing and production of quality products with appropriate testing facilities. The minister emphasised that countrymen deserve the best quality of garments and this should be ensured by all the stakeholders. He encouraged the industry to focus on quality and test their products to comply with quality standards. Goyal said India is pioneering sustainable textiles, contributing to a lesser carbon footprint and promo
Progress has been slow in the case of the remaining six sectors - steel, textiles, battery, white goods, solar PV and automobiles
Union minister Piyush Goyal on Sunday recalled the imposition of Emergency by the then Indira Gandhi government, saying greed for power is a characteristic of the Congress party. Goyal, who interacted with a group of intellectuals here, said the Emergency was imposed as the court declared the Indira Gandhi-led Congress government a corrupt one and said that she could not hold any post for six years. He claimed the Congress always wants to remain in power and this greed for power is a characteristic of the party. On June 25, 1975, the Indira Gandhi government imposed Emergency, which lasted for the next 21 months, during which fundamental rights of the people were provisionally suspended and curbs were put on the press. The commerce and industries minister was here as part of the BJP's campaign for highlighting the nine-year rule of the Narendra Modi government at the Centre. Talking about the Emergency era, he said the day is observed as a black day in independent India. He said
Commerce and Industry Minister Piyush Goyal has held an interaction with over 50 top-performing Youtubers in India on various issues like popularising handicrafts, benefits of millets and consumer awareness, an official said. The interaction was held on June 23. Youtubers who participated in the discussions include Vivek Bindra, Gaurav Chaudhary (Technical Guruji), Viraj Sheth (Co-founder Monk Entertainment), Ganesh Prasad (Think School), Shlok Srivastava (Tech burner), Prafull Billore (MBA Chai Wala), and Anushka Rathod (Anushka Rathod Finance), among others, the commerce and industry ministry official said. "Minister Piyush Goyal held a fruitful interaction 'SAMPARK SE SAMVAD' with an interesting group of top-performing Youtubers in India, from diverse genres who are experts at demystifying content of any nature," the official said. The issues discussed during the interaction included consumer awareness and protection (with a special focus on fake websites), cyber security, ways
India and the US have agreed to discuss New Delhi's demand for restoration of GSP benefits to domestic exporters and now both sides will commence discussions to find a solution, Commerce and Industry Minister Piyush Goyal said on Friday. The previous Trump administration in the US revoked the Generalized System of Preferences (GSP) from India in 2019. The GSP allows eligible developing countries to export duty-free goods to the US. About 1,900 Indian products from sectors such as chemicals and engineering were getting duty-free access to the US market under the GSP, introduced in 1976. The joint statement issued after the meeting of Prime Minister Narendra Modi and US President Joe Biden in Washington said that India has highlighted its interest in the restoration of its status under the US Generalized System of Preferences programme, which could be considered in relation to eligibility criteria determined by the US Congress. The leaders supported intensifying the work to advance .
Union Minister Piyush Goyal said that PM Modi's leading the Yoga Day celebrations at the United Nations Headquarters symbolises India's growing strength and increasing relevance on the world stage
The politics over the supply of rice to Karnataka heated up on Tuesday with the ruling Congress and the opposition BJP staging demonstrations in various parts of the state
Union Minister Piyush Goyal on Sunday targeted the Congress government in Rajasthan alleging that after four-and-a-half years of its rule, it is trying to mislead the public in the name of announcements. Accusing the state government of blocking the schemes of the central government, he said the Centre has approved a plan of Rs 5,782 crore to bring water from Chambal in Alwar, but the "corrupt Gehlot government has blocked that too". Goyal and BJP's national spokesperson and MP Rajyavardhan Singh Rathore interacted with media in Kotputli on the public welfare policies of the central government. The Union Minister said that the state government could not even fulfil the promises made in its manifesto. "Promises such as providing unemployment allowance and loan waiver of farmers turned out to be lies," Goyal alleged. He said that after four-and-a-half years of the state Congress government, it is "working to mislead the public" in the name of announcements. To a question on the rec
The commerce and industry minister also said that the government has managed the rate of inflation in single digits