Page 35 - Piyush Goyal

We are working with various countries, including UK on IP rights: Goyal

There is work ongoing with a number of economies, including the UK, on intellectual property (IP) rights and modernisation in an effort to improve Indian protocols, Union Minister of Commerce and Industry Piyush Goyal has said. Responding to questions from a gathering of Indian-origin chartered accountants (CAs) from the UK Chapter of the Institute of Chartered Accountants of India (ICAI) at the conclusion of his London visit on Wednesday evening, the minister a qualified CA covered a range of topics including IP rights and corporation tax to environmental, social and corporate governance (ESG). He said the process to harmonise with international standards is high on the government's agenda because integrating with world thinking on standards and IP is important for the fast-paced growth of the Indian economy. With the UK we are working on IP rights or IP modernisation. Our effort is to improve the Indian protocols around intellectual property rights and areas associated with it, b

PM Modi wants every mindset to be that of developed nation's mind: Goyal

'Till we make our mind accept that we are going to be a developed nation, we will never become a developed nation. And wealth sustainability is a harsh reality we all have to accept

India-UK FTA: Goyal, Badenoch discuss thorny issues in negotiations

India and the UK began negotiations on the FTA in January 2022, and set a Diwali deadline last year for the trade pact

India, UK agree to add momentum to FTA talks during Piyush Goyal's visit

India and the UK have agreed to add momentum to the ongoing free trade agreement (FTA) negotiations, Union Minister of Commerce and Industry Piyush Goyal said on Tuesday. Goyal, who is on a short visit to the UK, took to Twitter after meeting his UK counterpart Business and Trade Secretary Kemi Badenoch to say they had agreed to keep up work towards a mutually beneficial deal. India and the UK started round 11 of their FTA talks last Wednesday, which is expected to conclude on Friday. Held a meeting with the UK Secretary of State for Business and Trade Kemi Badenoch in London. Discussed how both sides can add further momentum to the India-UK Free Trade Agreement negotiations for a mutually beneficial deal, Goyal tweeted. It came a day after a UK government source said the senior Indian ministerial visit to the UK in the midst of a negotiation round shows there is political will to make progress towards an ambitious trade deal. The potential is clear a strong trade deal will ...

Piyush Goyal visit shows political will to make FTA progress: UK official

The visit of Union Minister of Commerce and Industry Piyush Goyal, who starts a two-day visit in London from Monday in the midst of ongoing free trade agreement (FTA) negotiations, shows political will to make progress towards an ambitious trade deal, a UK government source said. Goyal will hold talks with his UK counterpart, Business and Trade Secretary Kemi Badenoch, during which the two ministers are expected to discuss ways to progress the India-UK FTA following the start of round 11 in London last Wednesday. The latest round is expected to conclude on Friday. The ministerial meeting marks Goyal's first in-person meeting with Badenoch in London, having last met for talks in New Delhi in December last year during round six of the FTA negotiations. Goyal's visit to the UK in the midst of a negotiation round shows there is political will to make progress towards an ambitious trade deal, a UK government source said. The potential is clear a strong trade deal will strengthen the ..

Piyush Goyal to visit UK for FTA negotiations, review progress of TEPA

India and the UK began negotiations on the FTA in January 2022, and set a Diwali deadline last year for the trade pact

Piyush Goyal to visit UK for FTA negotiations, review progress of TEPA

The India-UK bilateral trading relationship was worth Pound 34 billion in 2022, growing by Pound 10 billion ( Rs 102 crore) in one year

Plastic industry should focus on manufacturing quality, exports: Goyal

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

State Food Ministers to discuss kharif procurement, food security on Jul 5

Union Minister of Consumer Affairs, Food and Public Distribution Piyush Goyal will chair the conference

Centre will be facilitator for startups, not regulator: Piyush Goyal

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

Comm min asks exporters to focus on potential sectors to boost exports

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

'Collation of corrupts': Piyush Goyal's jibe at Oppn unity in Rajasthan

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

Raj govt failed on every parameter, says Goyal; BJP plans for protests

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 ...

People of Rajasthan have made up their mind to vote for BJP: Piyush Goyal

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

Govt seeks industry feedback on challenges in PLI to enhance effectiveness

Goyal urged officials to hold regular consultation and roundtables with PLI beneficiaries

Govt seeks industry feedback on PLI scheme to enhance effectiveness

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

India is pioneering sustainable textiles, says Union Minister Piyush Goyal

The Minister said that the Indian textile industry has made a mark in the world with its innovative and attractive products

India actively considering CEPAs, FTAs to boost textile exports: Goyal

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

Amid tepid utilisation of funds, govt to review PLI scheme on Tuesday

Progress has been slow in the case of the remaining six sectors - steel, textiles, battery, white goods, solar PV and automobiles

Greed for power characteristic of Congress: Piyush Goyal on Emergency

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