Foreign Relations

Coverage on export transactions to Russia NOT withdrawn: ECGC

Export Credit Guarantee Corporation of India (ECGC) has clarified that the coverage on export transactions to Russia has not been withdrawn. It has been mentioned in various media reports that ECGC has withdrawn its cover on the export transactions to Russia vide its circular dated 25.02.2022; this is factually incorrect. […]

Agriculture & Commodities

India’s exports increase by 36.76% y-o-y in January, 2022

India’s overall exports (Merchandise and Services combined) in January 2022* are estimated to be USD 61.41 Billion, exhibiting a positive growth of 36.76 per cent over the same period last year and a positive growth of 38.90 per cent over January 2020. Overall imports in January 2022* are estimated to be USD 67.76 Billion, exhibiting a slower rate of growth of 30.54 per cent over the same period last year and a positive growth of 30.19 per cent over January 2020 […]

Agriculture & Commodities

Export Control outreach for Startup Companies

The Ministry of External Affairs, in cooperation with the Indian Chamber of Commerce organised an outreach programme on Export Controls focusing on start-ups in various sectors of the economy. The outreach was aimed at enhancing awareness about regulations for export of sensitive, dual-use goods and technology. About 200 industries and enterprises including several start-ups companies participated in the webinar.
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Technology

Farmers to get a UID

Ministry of Agriculture& Farmers Welfare, Government of India is in the process for creating unique ID of farmers of the country. The unique identifier of the farmer will link the farmer profile with all the agricultural schemes, which have been availed by the farmer. […]

Agriculture & Commodities

Agri-export conference cum Buyer Seller Meet organized

For harnessing agricultural and processed food products exports potential from the eastern Uttar Pradesh also referred as Purvanchal, APEDA organized ‘Agri-Export Conference cum Buyer Seller Meet’ at Mirzapur, where Union Minister of State of Commerce and Industry, Smt. Anupriya Patel and more than 700 farmers, exporters and farmers attended the conference. […]

Agriculture & Commodities

India’s Agri exports sees 13% growth

India’s exports of agricultural and processed food products witness an increase of more than 13 per cent in the first eight months of current fiscal notwithstanding logistical challenges posed by COVID19 pandemic […]

Agriculture & Commodities

Export Oriented Policies of Government have created eco-system for export led growth

This is the right time to increase our exports – says MoS Finance Bhagwat Karad; Assures all support from Banks at the Banking Conclave on Exports in Mumbai; “Export Oriented Policies of Government have created eco-system for export led growth” – Minister […]

Agriculture & Commodities

India records 15% rise in Agri and FPI Exports

India records close to 15% rise in export of agricultural and processed food products in April-October; APEDA exports up by 14.7% to $11.6 Billion in first seven months of current FY from $10.1 Billion over corresponding period last FY […]

Agriculture & Commodities

APEDA organised 75 programmes for farmers in Basmati growing states

For boosting exports of quality production of aromatic and long grain Basmati rice, the Agricultural and Processed Food Products Export Development Authority (APEDA)’ arm Basmati Export Development Foundation (BEDF) has taken innovative steps to sensitize farmers involved in the cultivation of Basmati rice in the key growing regions about adoption of good agricultural practices. […]

Agriculture & Commodities

Edible oil price drops

Domestic Retail and Wholesale prices of edible oils dropped in India except that of Mustard Oil; High prices of edible oils in international market fluctuates domestic market […]

Agriculture & Commodities

Agricultural exports should be prioritized to increase the farmers income: Ms. Shobha Karandlaje

If we want to double the income of our farmers, we need to focus on enhancing the agri exports and our agri produce to be made chemical free, said Union Minister of State for Agriculture and Farmer Welfare Ms. Shobha Karandlaje. […]

Business

Exporters to get immense support from the government going ahead

Services Export Promotion Council in co-ordination with Government of Karnataka organized Vanijya Utsav as part of the Azadi ka Amrit Mahotsav in Bengaluru which saw experts talking about various opportunties available for Exporters to explore international markets and the programmes, schemes and other policies available for them […]

Agriculture & Commodities

India to lead in Millet production

India to take a leading position in production of millets

Millets in daily diet will fight malnutrition,Says Union Agriculture Minister Shri Narendra Singh Tomar

Two-day Nutri-Cereal Multi Stakeholders’ Mega Convention 3.0 inaugurated in Hyderabad to prepare blue print to celebrate the “International Year of Millets in 2023” […]

Agriculture & Commodities

Paradeep Port Trust gets New Container Scanner

Under Ease of Doing Business (EoDB) initiative, a Mobile X-Ray Container Scanning System (MXCS) has been installed by Paradeep Port near the PICT Terminal at a cost of Rs 30 crore for the purpose of reducing physical examination and dwell time of containers at the Port. After successful Trial Run of the MXCS, the Atomic Energy Regulatory Board (AERB) has issued license on 27th August, 2021 to Paradeep Customs for its regular operation […]

Agriculture & Commodities

Govt releases 56,027Cr against various export related claims

Government Provides Big Boost to Exporters; Rs. 56,027 crore is going to be released under various Export Promotion Schemes such as MEIS, SEIS, RoSL, RoSCTL, other scrip based schemes relating to earlier policies and the remission support for RoDTEP and RoSCTL for exports […]

Business

FTAs with several countries soon: Piyush Goyal

-“We are fast progressing on our discussions on FTAs with several countries like UK, UAE, GCC countries, Australia and European Union” – Shri Goyal
-India and US have agreed to aspire for $500 bn trade in near future – Shri Piyush Goyal
-Traders & Exporters are the twin pistons powering the economic growth engine of the Nation: Shri Goyal
-New India will be built on mantra of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas & Sabka Prayas’: Shri Piyush Goyal
-Every growth parameter is showing extremely exciting future for all of us: Shri Piyush Goyal
-Union Minister Shri Piyush Goyal addresses business and trade fraternity through the platform of Jain International Trade Organisation (JITO) […]

Agriculture & Commodities

Industry Associations to play a key role in achieving target of $400B merc exports

Shri Piyush Goyal engages with Industry Associations to ensure all avail benefit of great growth opportunities.; says Industry Associations to play a key role in achieving target of $400 billion merchandise exports in 2021-22; India developing a SAFE ecosystem i.e. Sustainable, Agile, Futuristic & Efficient to make India a Global Hub of manufacturing […]

Agriculture & Commodities

Piyush Goyal Meets Export Community, sets target of $2 Trillion Exports By 2030

Union Commerce & Industry Minister Piyush Goyal Meets Export Community, Discusses Measures To Boost Exports; Minister Exhorts Exporters To Rise To The Ambitious Challenge Of $400 Billion Export Target For 2021-22.And Target $2 Trillion Exports By 2030; Commerce Minister says “We Can Sort Out Ftas Fairly Quickly, If The Areas Where We Have The Ability To Compete Internationally Can Be Identified. We are Working Towards Early Harvest Agreements With Uk And Australia” […]

Agriculture & Commodities

Surplus sugar finds export and ethanol markets

Sugar cane farmers get a big relief as Centre facilitates export of surplus sugar & diversion of sugar to ethanol to ensure timely payment of cane dues; Against the export target of 60 LMT, contracts of about 70 LMT have been signed, More than 60 LMT has been lifted from sugar mills as on 16.8.2021; Record value of sugarcane worth nearly Rs. 91000 crores purchased by sugar mills in 20-21. […]

Agriculture & Commodities

India expands its cereals exports

Overall exports of cereals have seen a sharp spike in 2020-21; APEDA in collaboration with stakeholders have been exploring new opportunities through ensuring market access, adherence to products qualities and phytosanitary measures for cereal products. […]