Exports and Imports Current Affairs, GK & News

India – Korea Trade Talks

On January 11, 2022, India and Korea held a bilateral trade talk. The talks focused on non – tariff barriers, market access issues, trade deficit faced by the Indian exporters. The countries also discussed investment related issues. Background The India – Korea bilateral trade was 20 billion USD in 2018. However, it started decreasing after ..

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India’s Monthly Goods Exports – Current Trend

The Ministry of Commerce and Industry recently released the monthly goods export report of the country. According to the report, in December 2021, India exported 37.29 billion USD of goods. Key Findings of the report The export demand for goods such as petroleum items, engineering products and gems and jewellery were the highest in December ..

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National Mission for Edible Oil (NMEO)

The Ministry of Agriculture has proposed for the National Mission for Edible Oil in order to increase the domestic availability and reduce the import dependency. The mission has been proposed for next five years in the span of 2020-21 to 2024-25. About National Mission for Edible Oil (NMEO) The NMEO comprises of the three Sub-Missions ..

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GoI forms five task forces to revive MSME sector

On September 23, 2020, the Government of India formed five task forces in five different key areas to boost the MSME sector in the country. The task forces will make the micro, small and medium enterprises (MSME) future ready. It will create concrete strategies in making the country a lead exporter. About the Task Force ..

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Coir and Coir Products Exports from India touch All-Time High in 2019-20

The exports of coir and coir-related products from India have recorded an all-time high in 2019-2020 with the total value at Rs 2757.90 crores, up from the figures in 2018-19 in which the total value stood at Rs 2728.04 crores. Among various products, hand-loom mats, coir yarn, rubberized coir etc. showed a decline in quantity ..

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