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Union Minister Shri Piyush Goyal holds review meeting with officials of Ministry of Commerce and Industry.

Jun 12, 2024

Union Minister Shri Piyush Goyal officially took charge of the Ministry of Commerce and Industry for a second consecutive term in New Delhi today. Upon assuming office, Shri Goyal immediately convened a review meeting with senior officers from both departments within the Ministry of Commerce and Industry.

    
Source: pib.gov.in



Goyal reviews FTA progress, 100-day agenda.

Jun 12, 2024

Piyush Goyal who took charge as the minister of commerce and Industry for the second term on Tuesday reviewed the status of various free trade agreements that India is negotiating and the 100-day agenda of the ministry.
 
    
Source: financialexpress.com



No EU recognition for any certification body to clear import of unprocessed organic produce from India.

Jun 12, 2024

The European Union has yet to accord recognition to any certifying body (CB) for the import of unprocessed organic plants and plant products, including seeds and other reproductive material from India.

    
Source: thehindubusinessline.com



India's Exports From Special Economic Zones Up 4% To USD 163.69 Bn In 2023-24.

Jun 12, 2024

Exports from special economic zones (SEZs) rose by over 4 per cent to USD 163.69 billion in 2023-24 even though the country’s total shipments dipped by more than 3 per cent in the last fiscal.
According to the data of the commerce ministry, exports from these zones stood at USD 157.24 billion in 2022-23 and USD 133 billion in 2021-22.
    
Source: news18.com



World Bank revises India's FY25 growth forecast to 6.6%.

Jun 12, 2024

The World Bank Tuesday revised India's FY25 growth forecast upward to 6.6% from 6.4% projected in January, on the back of strong public investment accompanied by private capex and rise in private consumption.

    
Source: economictimes.indiatimes.com



All-women FPO of Odisha exports Amrapalli mangoes to London.

Jun 12, 2024

A women farmer producer company in the tribal district of Rayagada in Odisha has exported 9.5 quintal of Amrapalli mangoes to London, realising 40 per cent higher price from local market that has benefitted over 1,900 farmers.

    
Source: thehindubusinessline.com



Trade between India and Nepal should be smooth: Commissioner.

Jun 12, 2024

Correspondent, Patna Customs (Prevention) Commissioner Dr. Yashovardhan Pathak said that international trade between India and Nepal should be smooth and hassle-free. So that traders doing international trade do not face any problem. 

    
Source: prabhatkhabar.com



Centre plans stringent policy measures for reducing pulses and edible oil imports in its 100-day agenda.

Jun 12, 2024

The Centre is planning a special focus on reducing imports of pulses and edible oil, increasing ethanol supply and stabilizing food prices as part of its 100-day agenda, a senior official said.
This will involve introducing stringent policy measures similar to those taken over the past one-and-a- half years.
    
Source: livemint.com



Organic renaissance: India's rapid shift towards chemical-free farming.

Jun 12, 2024

There was a time in the country when everything produced was organic, the farmers used natural manures like cow dung and compost fertilisers in their fields. The yield was low but it was healthy, tasteful and above all sustainable practice. Then came chemical fertilisers which no doubt increased the yield manifold but also led to several side effects. 

    
Source: dailypioneer.com



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