14 Jun, 2024 News Image 100-day plan: Govt e-platform to spur exports, connect with stakeholders.

The commerce department has reaffirmed its plans to launch the ‘Trade Connect’ e-platform to help exporters connect with stakeholders of international trade, as a part of the new government’s 100-day action plan, a senior government official said.


 Source:  business-standard.com
13 Jun, 2024 News Image Pay special attention to increase agricultural production, productivity and quality - Union Agriculture Minister.
Union Minister of Agriculture & Farmers’ Welfare and Rural Development Shri Shivraj Singh Chouhan today discussed in detail with senior officials of the Agriculture and Farmers’ Welfare Department regarding the 100-day agricultural action plan, as per sankalp by Prime Minister Shri Narendra Modi. Shri Chouhan told the officials that they should focus their entire attention on farmer-oriented works so that work can be done speedily as per the sankalp of Prime Minister.
 

 Source:  pib.gov.in
13 Jun, 2024 News Image India may sign FTA with Oman in first 100 days of PM Modi's third term.
India may be finalising a Free Trade Agreement (FTA) with Oman within the first 100 days of Prime Minister Narendra Modi’s third term, according to a report by Hindustan Times.
The news comes after Modi announced on Tuesday that the strategic ties between the two nations are ‘set to reach new heights’, a sentiment echoed during a review meeting chaired by Commerce Minister Piyush Goyal.

 Source:  business-standard.com
13 Jun, 2024 News Image Need to build on success of PLI schemes, recent FTAs: Piyush Goyal.

Union minister Piyush Goyal, who officially took charge of the ministry of commerce and industry for a second consecutive term on Tuesday, asked senior government officers to build on the success of schemes such as the production-linked incentive (PLI) scheme as well as the recently signed trade deals.


 Source:  business-standard.com
13 Jun, 2024 News Image Domestic market access for SEZs, SOP for trade pacts likely in 100-day plan.

The commerce department is chalking out a 100-day action plan that is likely to focus on allowing special economic zones (SEZs) to sell in the domestic market, setting up an all-encompassing trade information platform, standard operating procedures to negotiate free trade agreements (FTAs), and ecommerce export zones.


 Source:  economictimes.indiatimes.com
13 Jun, 2024 News Image India, Italy giving boost to Strategic Partnership, enhancing trade, defence and technology ties.

Italy, which has invited Prime Minister Narendra Modi for the G7 Summit Outreach Sessions, is India's fourth largest trading partner in the European Union, 18th largest foreign investor with bilateral relations upgraded to the level of 'Strategic Partnership' with focus on defence, Indo-Pacific, energy and science and technology.


 Source:  economictimes.indiatimes.com
13 Jun, 2024 News Image India, Mexico exploring free trade agreement: Envoy.

India and Mexico have launched studies to explore the potential for a free-trade agreement (FTA), Mexico’s Ambassador to India, Federico Salas Lotfe, said in an interview. 


 Source:  livemint.com
13 Jun, 2024 News Image India likely to import over 1 MT of chana from Australia.
India is likely to import about 1.1 million tonne (MT) of desi chana (bengal gram) from Australia to improve domestic supplies that have been hit by lower production.
This is in addition to the import of 1.6 MT of yellow peas, which is used as a substitute for chana, after the abolition of import duty on it was announced in December last year.

 Source:  financialexpress.com
13 Jun, 2024 News Image One District One Product scheme is catalysing UP's export potential, says Alok Kumar, Principal Secretary, MSME and Export Promotion, UP Govt.
The MSME sector contributes nearly half of the goods exported from Uttar Pradesh, and the state government aims to increase this contribution in five years through sustained initiatives, says Alok Kumar, Principal Secretary of MSME and Export Promotion for the Government of Uttar Pradesh. On the sidelines of the ET Make in India SME Regional Summit in Lucknow, which was held recently, he tells ET Digital how the government is working towards growing small businesses in the state.
 

 Source:  economictimes.indiatimes.com
13 Jun, 2024 News Image Exhibition on Geographical Indication tag products inaugurated.

An exhibition featuring registered and potential Geographical Indication (GI) products of the state was inaugurated by Chief Secretary Prabodh Saxena today. The event is being organised by the Patent Information Centre of the State Council for Science, Technology and would continue till June 16.


 Source:  tribuneindia.com