Page-3 of Ministry of Commerce and Industry
Arunachal: First International Buyer-Seller Conference of Agriculture
The first buyer seller meet on horticulture and agriculture produce for the state was held in Arunachal Pradesh. It was organized by APEDA-Agricultural and Processed Food Products Export Development Authority, Ministry of Commerce and Industry Highlights of the event International ..
Month: Current Affairs - November, 2019
World Customs Organization recognised HS Code for India’s Signature Fabrics-A Boost for Khadi Exports
The Ministry of Commerce and Industry has allocated separate HS code for signature fabric of India. HS stands for Harmonized System and was developed by the World Customs Organization (WCO). The code is used by customs officers to clear commodities ..
Month: Current Affairs - November, 2019
Rising Himachal Global Investors’ Meet 2019
The State Government of Himachal Pradesh is organizing Rising Himachal Global Investors’ Meet 2019, a flagship business event, at Dharamshala on 7 -8 November 2019. The event will be attended by diplomats, leaders from senior policy makers, corporate sector development ..
Month: Current Affairs - November, 2019
Nirvik: New Export Credit Insurance Scheme
The Ministry of Commerce & Industries through the Export Credit Guarantee Corporation (ECGC) has launched a new Export Credit Insurance Scheme (ECIS) called NIRVIK to enhance loan availability and ease the lending process. What is Export Credit Insurance? Export credit ..
Wholesale Inflation increases in February
The Wholesale Price Index is released by the Office of Economic Advisor (OEA), Department of Industrial Policy and Promotion, Ministry of Commerce and Industry. Wholesale Price Index February 2019 Inflation based on wholesale prices rose to 2.93% in February over January 2019 ..
Month: Current Affairs - March, 2019
Union Ministry of Commerce reappoints P K Bezbaruah as chairman of Tea Board
The Tea Board of India is a state agency of the Government of India (GoI) established to promote the cultivation, processing, and domestic trade as well as export of tea from India. It was established by the enactment of the ..
Foreign Direct Investment to India
The Ministry of Commerce and Industry has released the data related to the Foreign Direct Investment (FDI) inflows during April-September 2018-19. The important aspects from this data: The Foreign direct investment (FDI) into India was declined by 11 per cent ..
Month: Current Affairs - February, 2019
Startup India-WhatsApp Grand Challenge
The Facebook-owned messaging app WhatsApp has announced Startup India-WhatsApp Grand Challenge to encourage entrepreneurs and small businesses in India. About the challenge The challenge is being hosted in association with Invest India. The top 5 winners would receive a cash prize ..
Month: Current Affairs - February, 2019
The newly-named Department for Promotion of Industry and Internal Trade to work under Ministry of Commerce and Industry
The Department of Industrial Policy and Promotion (DIPP) has been renamed as the Department for Promotion of Industry and Internal Trade with a mandate to deal with matters related to start-ups, facilitating ease of doing business among others. The move ..
Government puts imports of gold dore in restricted category
Directorate General of Foreign Trade (DGFT) under Ministry of Commerce and Industry has put imports of gold dore in restricted category. This means, now, importer needs a license to import this commodity. Gold dore It is semi-pure alloy of gold ..