1.   

APEDA Organized 21st Annual Award Function

Agricultural and Processed Food Products Export Development Authority popularly known as APEDA is an apex body of the Ministry of Commerce, Government of India, to promote the export of agricultural commodities and processed food products. APEDA links Indian exporters to global markets besides providing comprehensive export oriented services. APEDA provides referral services and suggest suitable partners for joint ventures. APEDA’s export basket ranges from typically Indian ethnic products like pickles, chutneys, sauces, curries etc. to rice, honey, fresh and processed fruits and vegetables, beverages, guar gum, poultry, livestock products, confectionery, cut flowers, food grains, aromatic plants and other Indian delicacies.

2.   

Government moving to online approval system for over 200 permits needed to start business

By April 2015, starting a new business in India would no longer require budding entrepreneurs to make multiple trips to myriad government offices, with the Narendra Modi government moving to an online approval system for more than 200 permits required by different industries from central and state government departments. The new system for registering and seeking clearances for any business would allow entrepreneurs to apply for and track the status of all permits and licences online to start with, and eventually on mobile phones, in line with PM Modi's vision of bringing governance to people's fingertips.

3.   

Indo-China trade via Nathu La ends for this year

As per the Schedule, the Indo-China Border Trade through Nathula which had commenced on 1st May 2014 has ended for the current year on 27th November 2014, being the last trading day of the year. As per the Schedule, the Indo-China Border Trade through Nathula which had commenced on 1st May 2014 has ended for the current year on 27th November 2014, being the last trading day of the year. While the total exports from India to China during the year 2014 amounted to Rs 16,04,43,830/- the total imports from China to India stood at Rs 1,02,53,400/-. While the exports have seen an increase of 107 %, the imports have decreased by 12%.

4.   

WTO endorses its 1st trade deal in 20 years

World Trade Organization members agreed to the first global trade deal in the agency's 20-year history by endorsing a move to roll out easier customs rules, while giving flexibility to developing countries such as India to pay minimum support price to their farmers, without fearing about breaching the prescribed ceiling Indian government officials confirmed that the proposals have been cleared. "...we made it. This is a very important moment for the WTO. Now, let's make it count," WTO DG Roberto Azevedo said in a statement in Geneva.