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exports: India's exports to ASEAN estimated at USD 46 billion in FY22: MoS Anupriya Patel

This year is special for both partners as it marks the 25thanniversary of the India-ASEAN dialogue partnership and 10 years of the Strategic Partnership.

India , Haryana , Tamil-nadu , Narendra-modi , Atmanirbhar-bharat-abhiyaan , Department-of-commerce , Strategic-partnership , Ministry-of-commerce , Engineering-exports-promotion-council , Engineering-partnership-summit , Ministry-of-external-affairs , Union-minister

Startup India: 5.5 lakh jobs created under PM Modi's pet scheme so far; 1.7 lakh in FY21 alone

A total of 743 startups were recognised in 2016-2017, in the first year of the initiative, which has now increased exponentially to over 16,000 startups being recognised in the year 2020-2021

Karnataka , India , Uttar-pradesh , Delhi , Business-support-services , Product-development , Startup-india-seed-fund-scheme , Ministry-of-commerce , Department-for-promotion-of-industry , Application-development , Internal-trade

Procurement rules relaxed for COVID-19 relief till September 30

Procurement rules relaxed for COVID-19 relief till September 30
ANI |
Updated: May 14, 2021 13:48 IST
New Delhi [India], May 14 (ANI): Ministry of Commerce and Industry on Friday informed that the government has exempted the public procurement of supplies required for containment of the COVID-19 global pandemic from the applicability of Public Procurement.
The order issued by the Department for Promotion of Industry and Internal Trade said that the aforesaid exemption shall be applicable till September 30.
"The Government of India has exempted the public procurement of supplies required for containment of COVID-19 global pandemic from the applicability of Public Procurement (Preference to Make in India) Order, 2017. The order issued by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry says that the aforesaid exemption shall be applicable till 30.09.2021," the press release read. (ANI)

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Covid-19: Govt allows import of oxygen concentrators for personal use | India News

India News: NEW DELHI: The government has revised the Foreign Trade Policy, 2015-2020 and permitted the import of oxygen concentrators for personal use amid a mas.

India , Foreign-trade-policy , Directorate-general , Foreign-trade , Ndia-news , Ndia-news-today , Oday-news , Oogle-news , Reaking-news , Ministry-of-commerce-and-industry , Directorate-general-of-foreign-trade

DPIIT to monitor internal trade, manufacturing, delivery of essential commodities

DPIIT to monitor internal trade, manufacturing, delivery of essential commodities
April 23, 2021
Firms facing delivery issues can reach DPIIT’s control room - Yozayo×
Move comes amid e-comm players’ request to allow doorstep delivery
With more States putting restrictions to curb the rising Covid-19 cases, the Department for Promotion of Industry and Internal Trade (DPIIT) on Friday said it is going to closely monitor issues involving internal trade, manufacturing, delivery and logistics of essential commodities in the country.
‘State restrictions’
“The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India has decided to monitor the status of transportation and delivery of goods, manufacturing, delivery of essential commodities to common man and the difficulties being faced by various stakeholders due to current restrictions imposed by various States/UTs in view of the surge of Covid-19 cases,” an official statement said.

India , Ministry-of-commerce , Department-for-promotion-of-industry , Internal-trade , Department-for-promotion-of-industry-and-internal-trade , Dpiit , Ministry-of-commerce-and-industry , Covid-19 , Economy , இந்தியா , அமைச்சகம்-ஆஃப்-வர்த்தகம்

India's Trade Deficit Narrows Down To $12 Billion In FY20 Compared To $77 Billion In FY19

Indiaâs Trade Deficit Narrows Down To $12 Billion In FY20 Compared To $77 Billion In FY19
Indian exports (Illustration: Swarajya Magazine)
Indiaâs merchandise exports increased from $21.49 billion in March, 2020 to $34.45 billion in March 2021, registering a 60.29 per cent growth.
In rupee terms, India's merchandise exports stood at Rs 2.5 lakh crore in March 2021, as compared to Rs 1.59 lakh crore in March 2020, with a positive growth of 56.93 per cent.
Press release by the Ministry of Commerce and trade also declared details regarding services sector imports and exports.
As per the latest press release by RBI dated 15 April 2021, imports in February 2021 were $10.64 billion with a negative growth of 4.10 per cent compared to February 2020. Imports increased to $10.84 billion in March 2021.

India , Ministry-of-commerce , Trade-deficit , Ministry-of-commerce-and-industry , India-exports , Merchandise-exports , இந்தியா , அமைச்சகம்-ஆஃப்-வர்த்தகம் , வர்த்தகம்-பற்றாக்குறை , அமைச்சகம்-ஆஃப்-வர்த்தகம்-மற்றும்-தொழில் , இந்தியா-ஏற்றுமதிகள்

Piyush Goyal Inaugurates Electronic Marketplace e-SANTA For Aquaculture, To Boost Farmer Incomes And Exports

Piyush Goyal Inaugurates Electronic Marketplace e-SANTA For Aquaculture, To Boost Farmer Incomes And Exports
Fishing boats in India (Jorge Royan)
Union commerce and industry minister Piyush Goyal on Tuesday (13 April) virtually inaugurated Electronic Solution for Augmenting NaCSA farmers' Trade in Aquaculture (e-SANTA), an electronic marketplace providing a platform to connect aqua farmers and the buyers.
It will enable the farmers to get a better price and the exporters to directly purchase quality products from the farmers enhancing traceability, a key factor in international trade.
Speaking on the occasion, minister Goyal said that e-SANTA will raise income, lifestyle, self-reliance, quality levels, traceability, and provide new options for our aqua farmers.

India , Ministry-of-commerce , Piyush-goyal , Electronic-solution , Ministry-of-commerce-and-industry , Farmer-incomes , Agri-exports , Market-development , Aquaculture , இந்தியா , அமைச்சகம்-ஆஃப்-வர்த்தகம்

Commerce ministry organises competition for designing new street vending carts to cope with COVID-19 challenges

Commerce ministry organises competition for designing new street vending carts to cope with COVID-19 challenges
ANI |
Updated: Mar 13, 2021 23:21 IST
New Delhi [India], March 13 (ANI): The Ministry of Commerce and Industry, in collaboration with the National Institute of Design (NID) Ahmedabad, organised a competition for designing Covid-19 Street Vending Cart through new and cost-effective cart models.
The objective of the competition was to design a new and cost-effective solution for a modern vending cart to cope with the recent challenges emerging due to COVID-19, the ministry said in a statement.
The competition took place from December 22, 2020, to February 5, 2021.
The ministry said that NID Ahmedabad coordinated with other NIDs and conducted a Design Hackathon for designing new carts to cope with the recent challenges emerging due to COVID-19, adding that after selection, it is also proposed to offer these models on a mass scale to street vendors.

Ahmedabad , Gujarat , India , New-delhi , Delhi , Ministry-of-commerce , National-institute-of-design , National-institute , Vending-cart , Design-hackathon , Ministry-of-commerce-and-industry

New street vending carts being designed to cope with recent challenges due to COVID-19

New street vending carts being designed to cope with recent challenges due to COVID-19
India
Published: Saturday, March 13, 2021, 13:06 [IST]
New Delhi, Mar 13: The Ministry of Commerce and Industry, in collaboration with National Institute of Design, Ahmedabad, has organised a competition for Covid19 Street Vending Cart Designfor designing a new and cost effective cart models. The NIDs students in Ahmedabad, Andhra Pradesh, Assam, Haryana and Madhya Pradeshtook part in it from 22.12.2020 to 05.02.2021.
National Institute of Design, Ahmedabad coordinated with other NIDs and conducted a Design Hackathon for designing new carts to cope with the recent challenges emerging due to COVID-19.After selection, it is also proposed to offer these models in mass scale to street vendors.

Ahmedabad , Gujarat , India , New-delhi , Delhi , Haryana , Vicky-nanjappa , Madhya-pradeshtook , Vikash-aiyappa , Ministry-of-commerce , National-institute-of-design , National-institute

Parliamentary panel flags under utilisation of funds by food processing industries ministry

Parliamentary panel flags under utilisation of funds by food processing industries ministry
SECTIONS
Last Updated: Mar 09, 2021, 07:55 PM IST
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Synopsis
PMKSY is an umbrella scheme, approved in May 2017, under which eight sub-schemes are implemented, including mega food park, integrated cold chain and value addition infrastructure.
Agencies
A Parliamentary panel on Tuesday flagged the poor performance of the Food Processing Industries Ministry, saying it has consistently under utilised allocated funds and even the flagship scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) has failed to garner good response.
PMKSY is an umbrella scheme, approved in May 2017, under which eight sub-schemes are implemented, including mega food park, integrated cold chain and value addition infrastructure.

Sampada-yojana , Lok-sabha , Marine-product-exports-development-authority , Ministry-of-commerce , Parliamentary-standing-committee-on-agriculture , Forward-integration-for-food-processing-industries , Agricultural-processed-food-products-export-development-authority , Food-processing-industries-ministry , Pradhan-mantri-kisan-sampada-yojana , Parliamentary-standing-committee , Operation-greens , Forward-integration