Page-2 of export promotion Current Affairs, GK & News
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 The Mission is to be implemented in India for 4 years, that is, between 2020-21 ..
Category: Government Schemes Current Affairs
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 been planned in several cities such as Bengaluru, Mumbai, Chennai and Kolkata. The exhibition is ..
Category: Art & Culture Current Affairs
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 crore in the project. Highlights The SEZ is to be developed by the Tripura Industrial ..
Category: Places in News Current Affairs
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 cross-border data flow. It lays out conditions for businesses regarding collection or processing of sensitive ..
Category: Economy & Banking Current Affairs
Topics: counterfeit products • cross-border data flow • Data • Department for Promotion of Industry and Internal Trade • digital economy • DPIIT • Draft National e-commerce Policy • E-commerce • export promotion • IoT • Ministry Commerce and Industries • New Oil • Piracy • Social media
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 Policy The important features of the policy are: Every e-commerce company will have to construct ..