Page-4 of Commercial policy Current Affairs, GK & News

Indian Ambassador asks US students to stay alert on effects of protectionism

Addressing the students at University of Florida, India’s Ambassador to the United States Nirupama Rao has asked American students to be alert to the crushing effects of protectionism as it is retrogressive and blocks economic growth and development in the age of globalization. She held that the borders b/w nations are becoming increasingly porous, and ..

Month: 

Topics: 

Current Affairs July 13, 2011

Target of generating 1 Lakh MW Electricity in 12th year plan The Power Ministry set a target of generating 1 Lakh MW (Mega Watt) electricity in the 12th year plan As per The Union Minister of Power Sushil Kumar Shinde: The total installed capacity in the country is about 1,78,000 MW, out of which 38,000 ..

Month: 

Topics: 

Interim Exim Policy 2009 – 10

Supplement To Foreign Trade Policy 2004-09 for the year 2009-10 was announced by Commerce Minister Kamal Nath on February 26, 2009.1. Rupees 325 Crores would be provided under Promotional Schemes for Leather, Textile etc. for exports made with effect from 1.4.09.2. Benefit of 5% under FPS has been notified for export of Handmade carpets, in ..

Topics: 

EXIM POLICY 1997-2000

The objectives and salient features of EXIM policy 1997-20001. To accelerate the country’ s transition to a globally oriented vibrant economy with a view to derive maximum benefits from expanding global market opportunities2. To stimulate sustained economic growth by providing access to essential raw materials intermediates, components, consumables and capital goods required for augmenting production3. ..

Topics: 

Annual Supplement to Foreign Trade Policy (2005-2006)

Minister for Commerce & Industry, Government of India Mr. Kamal Nath had announced Annual Supplement 2005, to the Foreign Trade Policy 2004-09 on the 8th April 2005.Main Points:1. Setting up an Inter State Trade Council to engage the State Governments in providing an enabling environment for boosting international trade. 2. Agriculture:2.1. Cess on export of ..

Topics: