Page-3 of Ministry of Commerce
India finds OECD’s STR Index faulty
India has found problems with the current methodology adopted by the Organisation for Economic Cooperation and Development (OECD) under its Services Trade Restrictiveness Index (STRI) to rank countries. Key Highlights About: A study commissioned by Indian Ministry of Commerce found ..
Month: Current Affairs - May, 2019
The newly-named Department for Promotion of Industry and Internal Trade to work under Ministry of Commerce and Industry
The Department of Industrial Policy and Promotion (DIPP) has been renamed as the Department for Promotion of Industry and Internal Trade with a mandate to deal with matters related to start-ups, facilitating ease of doing business among others. The move ..
Govt extends ban on import of milk products from China for 4 months
India which is the largest producer and consumer of milk has extended the ban on import of milk products from China for 4 months. The ban would continue till 23rd April 2019 as per the notification issued by the Ministry ..
Month: Current Affairs - December, 2018
Growth rate of 8 infrastructure sectors slows down to 4.8% in October 2018
According to index of eight core industries released by Ministry of Commerce and Industry, growth rate of eight infrastructure sectors slowed down to 4.8 per cent in October 2018. This was mainly due to contraction in production of crude oil, ..
Month: Current Affairs - December, 2018
Core industries growth quickens to 6.7% in June 2018
As per data released by Union Ministry of Commerce and Industry, index of eight core industries expanded to 7-month high of 6.7% in June 2018. This was due to better performance by cement, refinery and coal sectors of the index. ..
Month: Current Affairs - August, 2018
FIEO GlobalLinker: Government launches digital platform for MSME Exporters
Ministry of Commerce and Industry has launched FIEO GlobalLinker, a digital platform for MSME exporters to digitise their businesses and join global community of growing businesses. It has been developed by Federation of Indian Export Organisations (FIEO). Key Facts FIEO ..