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India s exports in January 2021 were USD 27.45 billion, as compared to USD 25.85 billion in January 2020, exhibiting a positive growth of 6.16 per cent, said Union Ministry of Commerce and Industry informed on Monday. In Rupee terms, exports were Rs. 2,00,661.11 crore in January 2021, as compared to Rs 1,84,369.73 crore in January 2020, registering a positive growth of 8.84 per cent, the commerce ministry release said. Aside from the exports, the trade deficit for January 2021 was estimated at USD 14.54 billion as against the deficit of USD 15.30 billion in January 2020, which is a decrease of (-) 4.95 per cent India s imports also grew for the second straight month, signifying recovery in domestic demand. Imports in January 2021 were USD 41.99 billion (Rs.3,06,951.56 crore), which is an increase of 2.03 per cent in dollar terms and 4.60 per cent in Rupee terms over imports of USD 41.15 billion (Rs 2,93,452.69Crore) in January 2020, the release said.
New Delhi [India], February 16 (ANI): India's exports in January 2021 were USD 27.45 billion, as compared to USD 25.85 billion in January 2020, exhibiting a positive growth of 6.16 per cent, said Union Ministry of Commerce and Industry informed on Monday.
Odisha enhances land ceiling to be acquired by industry
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Updated:
Land will have to be purchased directly from farmers
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Land will have to be purchased directly from farmers
The Odisha government has enhanced the ceiling of land to be directly purchased from farmers and other land owners for setting up of industrial projects in the State.
In both rural and urban areas, extent of land to be acquired through direct negotiation has been doubled.
As per a resolution published by the government, private companies can now purchase 500 acres in rural areas and 100 acres in urban centres. Earlier, the limit for direct purchase of land was fixed at 200 acres and 50 acres in rural and urban areas respectively.
The other issues which need to be looked upon while formulating the policy are about the problem of counterfeit products, packaging and rules of origin, the official of the Department for Promotion of Industry and Internal Trade (DPIIT) said.