The Central Government has undertaken several key initiatives and policy measures to boost exports, attract investments and to promote ease of doing business from time to time.
To make it easier for exporters to do business, the government has simplified the Export Promotion Capital Goods (EPCG) scheme which allows import of capital goods at zero customs duty against an obligation to export.
The Indian economy could grow higher than 7 per cent and possibly closer to 7.5 per cent in the current fiscal on the back of normal monsoon and receded electoral uncertainty, economic think tank NCAER has said. In its July 2024 issue of Monthly Economic Review (MER), NCAER said real GDP grew by 8.2 per cent in FY2023-24, driven by stable consumption demand and steadily improving investment demand.
The process of getting negotiating teams back in the room will kick-start soon to deliver a Free Trade Agreement (FTA) with India, the UK's newly elected Labour government announced on Monday as it set out its trading priorities.
North-Eastern Hill University's constituent college, the Deen Dayal Upadhyay Community College for Skill Development (DDUCC) successfully concluded the Skill Up-Gradation Training Programme focused on 'Food Processing' at the DDUCC campus in Wahiajer, Jowai, from July 22-26.
In an attempt to encourage investment in the food processing sector, the West Bengal government has decided to organise the ‘Bengal Food & Fruit Festival’ in Kolkata next month.
