Ministry of Commerce and Industry Current Affairs, GK & News

LEADS (Logistics Ease Across Different States) 2022

LEADS (Logistics Ease Across Different States) 2022 was released recently by the Ministry of Commerce and Industry. Key findings The LEADS survey assesses the views of various users and stakeholders involved in the value chain of logistics sector. This survey is conducted recognize the enablers, hindrances and gaps within the logistics ecosystem. This annual survey ..

Month: 

Category: 

Topics: 

DPIIT interactive dashboard for user associations

Recently, the Department for Promotion of Industry and Internal Trade (DPIIT) has developed a user-interactive dashboard for industry associations and trade bodies. Key Points This new digital initiative will facilitate authorized user associations to register their suggestions and issues with the government so that their issues related to various departments of the government can be ..

Month: 

Category: 

Topics: 

Extension of RoSCTL scheme

Ministry of Commerce and Industry recently extended the “Scheme for Rebate of State and Central Taxes and Levies (RoSCTL)” till March 31, 2024. About RoSCTL Scheme RoSCTL scheme will be continued with the same rates as announced by Textile Ministry for exports of apparel or garments and made-ups. Scheme was extended in order to enhance ..

Month: 

Category: 

Topics: 

April Wholesale Price Index (WPI)

The Wholesale Price Index (WPI) based inflation rate surged to 15.1 percent in the month of April due to the rise in prices of fruits, vegetables, manufacturing, milk, power, and fuel according to data that was released by the Ministry of Commerce and Industry. What was the WPI rate in March 2022? In the month ..

Month: 

Category: 

Topics: 

Export of Regional, and GI Agri Products

The Ministry of Commerce and Industry has been identifying new GI tagged Agri products so that they can be exported to new destinations. Overview: Geographical Indication (GI) tag is a unique identifier that is given to a product, which defines the region of origin of that product. This tag also signifies the product’s origin as ..

Month: 

Category: 

Topics: 

India’s FDI Inflow in April-Dec 2021

According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), during April-December 2021, India’s Foreign direct investment (FDI) equity inflows contracted by 16 percent to USD 43.17 billion. Overview: During the same time period the previous year, inflows stood at USD 51.47 billion. Total FDI inflows (reinvested earnings, equity inflows, and ..

Month: 

Category: 

Topics: