Business
Govt amends Public Procurement policy to boost local players
The Government of India has amended the Public Procurement to disqualify players of foreign countries where Indian companies don’t have control […]
Ministry of Commerce & Industry
Business
Karnataka tops Ranking of States on Support to Startup Ecosystems; Gujarat ranked best performer
Declaration of Results of Ranking of States: 2019, on support to Startup Ecosystems; Karnataka tops Ranking of States on Support to Startup Ecosystems; Gujarat ranked best performer […]
Business
India is working on a clean energy mission with a collective mindset: Shri Piyush Goyal
India is working on a clean energy mission with a collective mindset: Shri Piyush Goyal; Envisions that one day Power will almost become free in the world because of renewable sources
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Business
AP tops State ranking on Business Reform Action Plan 2019
Ranking of states based on the implementation of Business Reform Action Plan for the year 2019 declared;
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Business
Aftermarket business can open up a lot of opportunities for the automobile industry: Goyal
Shri Piyush Goyal addresses the ACMA annual session; Cooperation, collaboration, and commitment- Minister asks ACMA to follow them for growth and being competitive; […]
Business
India needs to have a global dominance in the Auto Sector: Goyal
Shri Piyush Goyal says we should move towards global dominance in the auto sector; Reciprocity, high quality, ffordability & good economies of scale will help us expand our global engagement, says Shri Goyal […]
Business
Exports and Imports are showing positive trends; the Trade deficit narrowing
Shri Piyush Goyal says the country’s Exports and Imports are showing positive trends; the Trade deficit is narrowing
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Business
First-ever Virtual Buyer Seller Meet for loose diamonds commences
First-ever Virtual Buyer Seller Meet for loose diamonds commences; The two-day meet has Virtual Reality, real-life experience for buyers and sellers of diamond trade […]
Business
Railways to partner with Logistics and Courier Services for effective Parcel Services
Shri Piyush Goyal, Minister of Railways and Commerce & Industry holds meeting with top courier/ logistics service providers in India to facilitate robust partnership with Railways Freight and Parcel service
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Finance
Govt disburses 1.11 lakh crore under ECLGS and 25K Crore approved under PCGS 2
Finance Minister holds meeting with lenders for expediting resolution of loan accounts and reviewing progress of Emergency Credit Line Guarantee Scheme (ECLGS), Partial Credit Guarantee Scheme (PCGS) 2.0 and Sub-ordinate Debt Scheme
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Business
New-age entrepreneurs are going to change the fortune of India: Goyal
Shri Piyush Goyal says that New-age entrepreneurs are going to change the fortune of India;Minister Calls for working together to truly make India the innovation hub; […]
Business
Ceiling/Cap on MEIS benefits available to exporters on exports made in the next 3 months
Ceiling/Cap on MEIS benefits available to exporters on exports made from 1.9.2020 to 31.12.2020 (3 months) by DGFT […]
Foreign Relations
Australia-India-Japan to build Supply Chains Resilience
Australia-India-Japan to build Supply Chains Resilience; Ministers support free, fair, inclusive, non-discriminatory, transparent, and stable trade and investment environment […]
Foreign Relations
ASEAN-India Economic Ministers Consultations held
17TH ASEAN-India Economic Ministers’ Consultations held
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Foreign Relations
Cooperation, Collaboration, and Commitment will guide the strategic partnership between India and ASEAN
Cooperation, Collaboration, and Commitment will guide the strategic partnership between India and ASEAN countries, says Shri Piyush Goyal; India demonstrated itself as the trusted partner to the world, particularly in times of stress […]
Business
One District One Product approach could lead India to become Manufacturing Powerhouse
Shri Piyush Goyal holds virtual meeting with the industry ministers of states and UT administrators to promote industrial activity and investment; National GIS-enabled Land Bank system launched; Shri Goyal calls upon the states to collectively work in the spirit of ‘Team India’; Asks all states to adopt the Public Procurement Policy-Make in India Order; Seeks States’ cooperation in developing a single-window system to obtain all requisite clearances/approvals, required to start business operations in India; On the ‘One District One Product’ (ODOP) approach, Shri Goyal says this could help in making India a Manufacturing Powerhouse […]
Agriculture & Commodities
APEDA signs MoUs with AFC India Limited and NCUI to improve Agri Exports
APEDA signs MoUs with AFC India Limited and National Cooperative Union of India to synergize the activities in the interest of agriculture and allied sectors
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Business
Pradhan calls for Steel Industry Leaders to partner with Government
Shri Dharmendra Pradhan appeals to steel industry leaders to partner with the Government in providing low-cost housing for migrant laborers; AatamNirbhar Bharat seeks to provide dignity and self-respect to every citizen of the country […]
Business
Piyush Goyal demands fair access in other countries on a reciprocal basis
Indian products deserve fair access to other countries on a reciprocal basis; It is time for the Indian industry to stand up as one and ensure we get a level playing field: Shri Goyal […]
General
Railway Museum at Hubballi launched
Minister of Railways and Commerce & Industry, Shri Piyush Goyal and Minister of Parliamentary Affairs, Coal & Mines, Shri Pralhad Joshi today dedicate Railway Museum at Hubballi to the Nation; “Railways has played an important role in our lives and has been witness to personal journeys of life in different phases. The story of evolution of Railways from the steam era to the modern bullet trains era is remarkable. Railway Museum is a monument of Tribute to that extraordinary change; “Museum is most relevant as Hubballi is an important Railway junction historically as well. This will become another prominent tourist destination in the region; In the museum one coach should depict people with masks and one coach as shramik coach for the sake of posterity to remember these times.”- Shri Suresh C. Angadi, Minister of State of Railways; This Museum displays the gradual evolution of advanced systems in all spheres of growth of Railways. […]
Business
GeM is a game-changer in government procurement
Shri Piyush Goyal calls upon more buyers and sellers to join the GeM, which has proved to be a game-changer in government procurement; Indian Railways will soon integrate its procurement process with the GeM; Fourth edition of the National Public Procurement Conclave inaugurated […]
Business
Piyush Goyal asks traders to promote Make In India Goods
Shri Piyush Goyal asks the traders to undertake customer awareness drive to promote Make In India Goods; Lauds their role during Lockdown; National Traders Welfare Board will be soon constituted […]
General
New Kisan Rail from Maharashtra to Bihar carrying Perishable produce
In the Union Budget 2020-21, Minister of Finance had made an announcement ‘to build a seamless national cold supply chain for perishables, inclusive of milk, meat, and fish’. It was also stated that the Indian Railways will set up a KISAN RAIL. […]
Foreign Relations
India and Japan are looking to have trusted partners from authentic investors: Shri Piyush Goyal
TheMinister of Commerce and Industry Shri Piyush Goyal has said that India and Japan are looking to have trusted partners from authentic investors. Speaking at the third Edition of the Invest India Exclusive Investment Forum – Japan Edition, through video conference. […]
Business
CII conducts National Digital conference on Ease of Doing Business for Atmanirbhar Bharat
Commerce and Industry Minister Shri Piyush Goyal today said that the Government is committed to policy simplification and asked for industry’s feedback and cooperation. Inaugurating CII National Digital conference on Ease of Doing Business for Atmanirbhar Bharat today, the Minister emphasized that a single window system for industrial approvals will soon be in place. […]
Foreign Relations
Indian PR to WTO presents letter of Credentials to WTO Director-General
Mr. Brajendra Navnit, Ambassador & Permanent Representative of India to the World Trade Organization presented his letter of Credentials to Mr. Roberto Azevedo, Director-General, WTO on 28 July, 2020. Director-General, WTO welcomed Ambassador Brajendra Navnit and underlined India’s important role in the WTO. […]
General
IRCTC and SBI Card launch Co-branded Contactless Credit Card on RuPay
In yet another initiative towards pursuance of the vision of Hon’ble Prime Minister of ‘Aatma Nirbhar Bharat’, ‘Digital India’ and ‘Make In India’ and towards fulfillment of the mission of Hon’ble Minister of Railways and Commerce & Industry, Shri Piyush Goyal in achieving greater self reliance for ‘Aatma Nirbhar Bharat’ and engaging with the world from a position of strength, IRCTC and SBI Card together launched their new Co-branded Contactless Credit Card on RuPay Platform. […]
Business
Single window system to be set up soon for industrial clearances and approvals
The Government is soon going to set up a single window system for clearances and approvals of industry in the country.Talking to the sovereign wealth funds, the foreign pension funds and others on ease of doing business and investments in infrastructure sector in India, Commerce and Industry Minister Shri PiyushGoyal said that this would be a genuine single window and all the concerned State Governments and Central Ministries are being taken on board for the system. […]
Business
Railways to ensure its goods and services procurements through GeM
Minister of Railways and Commerce & Industry Shri Piyush Goyal reviewed the steps to promote Make in India products in procurement process of Indian Railways as well as Government of India. […]
Foreign Relations
INDIA-UK affirm shared commitment to a Free Trade Agreement
India and UK held the 14th Joint Economic and Trade Committee meeting on 24th July, 2020 virtually. It was co-chaired by Minister for Commerce and Industry Shri Piyush Goyal and UK Secretary of State for International Trade , HE , Ms Elizabeth Truss. They were assisted by Minister of State for Commerce and Industry Shri Hardeep Singh Puri and his counterpart, UK Minister of State for International Trade, HE Mr Ranil Jayawardena. […]
Corona Virus
Shri Piyush Goyal reviews the availability and supply of Medical Oxygen
In the wake of Covid-19 pandemic, the Minister of Commerce and Industry Shri Piyush Goyal today reviewed the Medical Oxygen supply and enhancement of capacity storage in the country. […]
Foreign Relations
Piyush Goyal talks to the U.S. Secretary of Commerce on Various Trade Relation Activities
There was an informal tele-conversation between Mr. Piyush Goyal, Minister of Commerce & Industry and Railways and Mr. Wilbur Ross, U.S. Secretary of Commerce on 16 July 2020, a day after the India-U.S. CEO Forum which was held on15 July 2020. […]
Education
Design students will be able to easily apply for work permits in Germany
Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India has established five National Institutes of Design (NID) in India for imparting world-class design education. […]
Foreign Relations
Piyush Goyal calls on the need to increase employment and skilling in the India-US CEO Forum 2020
The India-U.S. CEO Forum was held on 14th July 2020, through a telephonic conference. This is the fifth time the Forum has been convened since its reconstitution in December 2014 by the Governments of India and the USA. […]
Business
Government to create a conductive ecosystem for manufacturing and exporting electronic items: Shri PiyushGoyal
Union Commerce and Industry Minister, Shri Piyush Goyal has said that his ministry was looking at identifying select electronic items that could be manufactured in India in large scale like television sets, Closed Circuit TVs, Air Conditioners etc, and exported in large quantities. […]
Business
For Aatma Nirabhar Bharat trade bodies have an important role to play: Goyal
For strong, resilient and ‘’Aatma Nirabhar Bharat’’, trade bodies have an important role to play: Shri Piyush Goyal ; Commerce and Industry Minister addresses 184th AGM of Bombay Chamber of Commerce Industry […]
Business
Piyush Goyal calls Film and Advertisement industries to become global players
The Union Minister of Commerce and Industry Shri Piyush Goyal today addressed the valedictory session of FICCI Frames, through virtual means. The Minister said that the Indian Film and Advertising Industries have the potential and talent to be global players. […]
Finance
CRCL Enhanced and Contactless Customs for faster import/export clearances
Shri M. Ajit Kumar, Chairman, Central Board of Indirect Taxes & Customs (CBIC) yesterday unveiled several new and modern testing equipment inducted into the Central Revenues Control Laboratory (CRCL) which would significantly enhance the in-house testing capability of the Customs leading to faster import and export clearances. […]
Foreign Relations
India-US review engagements under the Comprehensive Global Strategic Partnership
Foreign Secretary Harsh Vardhan Shringla and the U.S. Under Secretary of State for Political Affairs David Hale held virtual Foreign Office Consultations on 7 July 2020. […]
Agriculture & Commodities
Indian Exports growing fast; reaches 88% of normalcy despite COVID
The Minister of Commerce and Industry Shri Piyush Goyal today held meeting, through Video conference, with Office-bearers of Export Promotion Councils (EPCs), to discuss and address the issues of exporters, due to Covid-19. […]
Agriculture & Commodities
Continuous Rebar Production Facility to support Construction industry set up in Punjab
Minister of Steel &Petroleum and Natural Gas Shri Dharmendra Pradhan today inaugurated “Continuous Galvanized Rebar” Production Facility set up by Madhav Alloys in Mandi Gobindgarh, Punjab. […]
Business
Goyal chairs 49th Governing Council Meeting of National Productivity Council
The 49th Governing Council Meeting of National Productivity Council (NPC), an autonomous body under Department for Promotion of Industry & Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India was held today through video conferencing. […]
Business
KVIC launches Sandalwood and Bamboo plantation initiatives
The Khadi and Village Industries Commission (KVIC), in a first of its kind initiative has begun exploring the untapped but highly profitable venture of sandalwood and bamboo tree plantation for monetization of its assets. […]
General
Potential of chemicals and petrochemicals Sector is huge- Shri Gowda
Union minister of Chemicals and Fertilisers Shri DV Sadananda gowda chaired 2nd Meeting of Chemicals & Petrochemicals Advisory Forum today through video conferencing. […]
Business
Services Exports sector has not been harnessed fully: Goyal
The Union Minister of Commerce and Industry Shri PiyushGoyal today held a meeting, through video-conferencing, with office bearers of the Services Export Promotion Council (SEPC), and stakeholders representing various Services sector. […]
Finance
PFC, REC, and IREDA to finance developers at lower interest using locally made equipment
Shri R.K. Singh, Union Minister of Power, New and Renewable Energy and Skill Development and Entrepreneurship (IC) interacted today through video conferencing with developers of generation and transmission projects in Power and Renewable Energy sector. […]
Business
Country of Origin mandatory for GeM requirements
Government e-Marketplace (GeM), a Special Purpose Vehicle under the Ministry of Commerce and Industry,has made it mandatory for sellers to enter the Country of Origin while registering all new products on GeM. […]
General
Locust Problem may have to Make in India Solution
To overcome the limitation of importing equipment, Department of Agriculture, Cooperation & Farmers’ Welfare (DAC&FW), under Make in India initiative, has taken up the challenge to indigenously develop a vehicle mounted ULV sprayer for locust control. […]
Business
Auction process of 41 Coal blocks for Commercial mining launched by PM
Prime Minister Shri Narendra Modi launched the auction process of 41 coal blocks for commercial mining through video conference from here today. […]
Business
Quality products and services shall define Indias future: Goyal
Shri PiyushGoyal, Minister of Commerce and Industry has said that Quality is going to define India’s future. Aatmanirbhar Bharat will grow and prosper on the basis of quality indigenous products and services […]