Topic: export promotion
DGFT’s Advance Authorisation Scheme
In a bid to enhance trade facilitation and streamline processes for exporters, the Directorate General of Foreign Trade (DGFT) has introduced new measures under the advance authorization scheme....
Advance and EPCG Authorisation Scheme
The finance ministry has introduced an amnesty scheme aimed at offering relief to traders who have defaulted on their export obligations. This scheme provides an opportunity for traders...
Why do Indian Coastal states fare better in NITI Aayog’s Export Preparedness Index?
Niti Aayog’s Export Preparedness Index of 2020 has been released. Gujarat topped the list and followed by Maharashtra and Tamil Nadu. As per the report, six of eight...
First virtual Trade Fair of India
The Export Promotion Council for Handicrafts hosted a four day virtual fair for around 200 Indian Exporters. The exporters were mainly from the industries of fashion jewelry and...
Federation of Indian Export Organization: Indian Exports to fall by 20%
On May 19, 2020, the Federation of Indian Export Organization reported that the Indian Exports are to fall by 20%. This according to the organization will amount to...
New Agro MSME Policy to be implemented
The Government of India is to implement a new Agro MSME policy. The policy is to focus entrepreneurship in rural, tribal, forest and agricultural areas. Highlights The Union...
GoI extends Foreign Trade Policy
On April 1, 2020, the Government of India notified that the export schemes such as Export Promotion Capital Goods and Duty-Free Import authorization are to be extended by...
National Technical Textiles Mission approved by Cabinet Committee on Economic Affairs
On February 26, 2020, the Cabinet Committee on Economic Affairs approved the National Technical Textiles Mission. The mission has been allocated Rs 1,480 crores. The aim of the...
Kala Kumbh: Exhibition to promote GI crafts and Heritage of India held in New Delhi
On February 18, 2020, the Ministry of Textiles organized “Kala Kumbh”. It is an exhibition to promote GI (Geographical Indication) crafts and heritage of India. These exhibitions are...
First SEZ in Tripura to focus on agro-based food processing
The Government of India approved the first SEZ (Special Economic Zone) at Sabroom, Tripura in October 2019. Recently, it was announced that the SEZ will primarily focus on...
Draft National e-commerce Policy
The Union Minister for Commerce and Industries Piyush Goyal has asked the companies to submit concerns on draft e-commerce policy in 10 days. Draft Policy: Key Components It...