Page-6 of Ministry of Commerce and Industry
Core sector grows 4.7% in October 2017
According to index of eight core industries released by Ministry of Commerce and Industry, Core sector growth has grown 4.7% in October 2017, matching September 2017 growth, which has been revised down from 5.2%. This is the highest core sector growth ..
Month: Current Affairs - December, 2017
DGFT doubles incentives rates for garments under Merchandise Exports from India Scheme
Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry has doubled rates for incentives under Merchandise Exports from India Scheme (MEIS) from 2% to 4% of value of exports. The rates for incentives under this scheme have been ..
Month: Current Affairs - November, 2017
Core sector growth hits 6-month high of 5.2% in September 2017
According to index of eight core industries released by the Union Ministry of Commerce and Industry, Core sector growth has hit six-month high in September 2017. The core industries comprising of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, ..
Month: Current Affairs - November, 2017
Contact@DGFT online facility launched by Union government to resolve foreign trade issues
The Union government has set up an online service facility that can be used by importers and exporters to resolve all foreign trade-related issues. The Directorate General of Foreign Trade (DGFT), which comes under Ministry of Commerce, has asked all ..
Piyush Goyal to be new Union Minister of Railways
Piyush Goyal has been appointed as the new Union Minister of Railways after latest Union cabinet reshuffle on September 3, 2017. He succeeded Suresh Prabhu, who has become the new Union Minister of Commerce and Industry. Prabhu resigned from the ..
Nirmala Sitharaman is new Defence Minister of India
Nirmala Sitharaman, the former minister of state for the commerce and industry ministry, has become the new Defence Minister of India on September 3, 2017 after latest Union cabinet reshuffle. She succeeded Arun Jaitley. With this, she has become the ..
Government constitutes task force on artificial intelligence
The Union Ministry of Commerce and Industry has constituted a Task Force on Artificial Intelligence (AI) for India’s Economic Transformation. The 18-member panel will be headed by Dr. V. Kamakoti of IIT Madras. It will comprise of experts, academics, researchers and ..
Month: Current Affairs - August, 2017
Chiefs for Coffee and Tea Boards Appointed
The Appointments Committee of the Cabinet has approved the appointments of Prabhat Kamal Bezboruah and M S Boje Gowda as chairmen of the Tea Board and the Coffee Board, respectively. Prabhat Kamal Bezboruah is a leading tea association industrialist who ..
Month: Current Affairs - May, 2017
Union Commerce Ministry launches SEZ India app
The Union Ministry of Commerce and Industry (MOCI) has launched a mobile application named “SEZ India” under its broader e-Governance initiative to help the Special Economic Zone (SEZ) Units and Developers. It will help the SEZ Units and Developers to ..
Month: Current Affairs - January, 2017
Union Government launches IPR Enforcement Toolkit for Police
The Union Commerce and Industry Minister Nirmala Sitharaman launched an Intellectual Property Rights (IPR) Enforcement Toolkit for Police. This toolkit will be provided to all state police departments across the nation to assist them in dealing with the cases relating ..