Page-3 of Ministry of Commerce and Industries Current Affairs, GK & News
The Indian Design Council(IDC) launched two initiatives in New Delhi on Thursday, 12th December 2019 to address the 5 challenges of scale, quality of design, quality of education for design, design for a public purpose and for raising the priority for design in the industry. Name of two initiatives: Chartered Design of India (CDI) and ..
The Ministry of Commerce and Industries has approved the setting up of the National Traders’ Welfare Board. Mandate of the National Traders Welfare Board The mandates of the board include: To identify ways to improve access to funds for the unorganised sector of Traders. To suggest measures to simplify acts and rules applicable to traders. ..
The Ministry of Steel is working on a proposal to impose quality control regulations on tinplate and tin-free steel. The Ministry of Steel is planning to mandate foreign tinplate suppliers to adhere to BIS standards. Mandating impost to be in compliance with BIS standards could discourage them from supplying to India making the move a ..
The report from the Ministry of Commerce and Industries provides insights about the opportunities for India from the US-China trade war: The ongoing US-China trade provides a big window of opportunity to India for enhancing its exports for both of these nations. The ongoing US-China trade offers an opportunity to India for boosting exports of ..
The Strategy Paper of the Ministry of Commerce has outlined measures to bridge the trade deficit with China. India’s Trade Deficit with China Over the last decade, India’s trade deficit with China had increased rapidly. But the deficit narrowed in fiscal 2019 since exports to China increased by 25.6 per cent and the imports declined ..