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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 one year. Also, GoI has planned to extend Foreign Trade Policy 2015-20 ..

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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 mission is to make India a global leader in Technical Textiles. Highlights ..

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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 sponsored by the Export Promotion Council for Handicrafts. Highlights The exhibition has ..

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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 agro-based food processing. Union Government is expected to invest around Rs 1550 ..

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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 proposes setting up of a legal and technological framework for restrictions on ..

Govt releases draft e-commerce policy

The government has released the draft e-commerce policy. The policy focuses on six broad issues of the e-commerce sector, which includes data, infrastructure development, e-commerce marketplaces, regulatory issues, stimulating domestic digital economy and export promotion through e-commerce. Features of the ..

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