Interim Budget 2024: Exporters seek higher allocation for MAI scheme
NEW DELHI : Ahead of the interim Budget 2024, exporters have urged the government to allocate funds worth $3.88 billion for the Market Access Initiative (MAI) scheme to
MoCI seeks exporters’ inputs on reducing compliance burden
NEW DELHI : The Commerce and Industry Ministry(MoCI) has asked export promotion councils and other industry bodies to give specific inputs on measures to reduce regulatory compliances and
Industry demand amnesty scheme for customs settlement
NEW DELHI : Industry players have urged the government to introduce an amnesty scheme to resolve long-standing disputes under the Customs laws in the upcoming interim Budget. “We
Govt has strictly no plans to put MEP on all Agricultural commodities: Commerce Ministry
NEW DELHI : The government on Friday said there are “strictly” no plans to impose the minimum export price (MEP) on all agricultural products. Additional Secretary in the
Piyush Goyal releases ‘E-Commerce Exports handbook for MSMEs’
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal released the comprehensive“E-Commerce Exports Handbook for MSMEs” prepared by the Directorate General of Foreign Trade (DGFT)
Year-End- Review of Ministry of Textiles– 2023
NEW DELHI : From launching PM MITRA Parks to investment under PLI Scheme, it was an eventful year for Ministry of Textiles. Some of the key initiatives and
Centre not considering any new PLI schemes : DPIIT Secretary
NEW DELHI : The government will not expand the scope and coverage of its production-linked incentive scheme (PLI) during the ongoing fiscal year (2023-2024) and is likely to
Steel Ministry to soon finalise Sectoral Plan for Efficient Logistics
NEW DELHI : The Steel Ministry is expected to soon finalise its Sectoral Plan for Efficient Logistics (SPEL), the commerce ministry said on Friday. The ministry stated this
New tax refund scheme for exports faces US, EU action
NEW DELHI : At least two Indian products are facing anti-subsidy action in the form of countervailing duty (CVD) in the US and EU due to their use
The new foreign trade policy is a watershed moment for MSMEs
NEW DELHI : The newly launched Foreign Trade Policy (FTP) by the Directorate General of Foreign Trade (DGFT) is the most significant one yet. While multiple factors such