Under the National Logistics Policy 2022, various actions have been undertaken to overcome key challenges like integrated development of the Logistics Sector, on boarding of the States and UTs, standardisation of assets, digitalisation of processes etc and to improve the logistics efficiency in the country. These are enumerated below: Sectoral Plan for Efficient Logistics (SPEL) in Coal sector have been ...
Read More »Commerce and Industry
The cumulative value of merchandise exports during April-September 2024 was USD 213.22 Billion, as compared to USD 211.08 Billion during April-September 2023, registering a positive growth of 1.02%.
India’s total exports (Merchandise and Services combined) for September 2024* is estimated at USD 65.19 Billion, registering a positive growth of 3.76 percent vis-à-vis September 2023.Total imports (Merchandise and Services combined) for September 2024* is estimated at USD 71.68 Billion, registering a positive growth of 3.79 percent vis-à-vis September 2023. Table 1: Trade during September 2024* September 2024 ...
Read More »Index Numbers of Wholesale Price in India for the Month of July, 2024 (Base Year: 2011-12)
The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 2.04% (Provisional) for the month of July, 2024 (over July, 2023). Positive rate of inflation in July, 2024 is primarily due to increase in prices of food articles, manufacture of food products, mineral oils, crude petroleum & natural gas, other manufacturing etc. The index numbers ...
Read More »India’s total exports estimated to grow at 2.81% in July 2024.The cumulative overall exports during April-July 2024 estimated to grow at 6.65%.
India’s total exports (Merchandise and Services combined) for July 2024* is estimated at USD 62.42 Billion, registering a positive growth of 2.81 percent vis-à-vis July 2023.Total imports (Merchandise and Services combined) for July 2024* is estimated at USD 72.03 Billion, registering a positive growth of 7.14 percent vis-à-vis July 2023. Table 1: Trade during July 2024* July ...
Read More »INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR JUNE, 2024
The combined Index of Eight Core Industries (ICI) increased by 4.0per cent (provisional) in June, 2024 as compared to the Index in June, 2023. The production of Coal, Electricity, Natural Gas, Steel, Fertilizer sand Cement recorded positive growth in June 2024. The details of annual indices, monthly indices and growth rates are provided at Annex I and Annex II. The ICI ...
Read More »DPIIT promotes green logistics industry balancing economic growth and environment
The Government recognizes the importance of sustainable logistics for India’s economic growth and environmental well-being. Several initiatives have been taken to promote sustainable Logistics Industry, leveraging technologies including digitalization and automation. The PM GatiShakti National Master Plan (NMP) platform aims at enhancing industrial productivity and helping the country achieve its green logistics and clean energy goals through multi-modal connectivity across ...
Read More »EXPORT OF SEA FOOD
The current status of the export of seafood from the country is given below:- Financial Year Quantity (Lakh Tonnes) Export (in Crores INR) 2023-24* 18.19 61043.68 2024-25 (April-May) 2.57 8924.01 *Provisional State-wise volume of exports of seafood from the country is given below: Some increase in freight cost has been reported by industry. However, exports from India are ...
Read More »Combined Index of Eight Core Industries (ICI) increases by 5.2 per cent (provisional) in March, 2024 as compared to March, 2023
The combined Index of Eight Core Industries (ICI) increased by 5.2 per cent (provisional) in March, 2024 as compared to the Index in March, 2023. The production of Cement, Coal, Electricity, Natural Gas, Steel and Crude Oil recorded positive growth in March 2024. The details of annual and monthly indices and growth rates are provided at Annex I and Annex II respectively. ...
Read More »Index Numbers of Wholesale Price in India for the Month of March, 2024 (Base Year: 2011-12)
The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 0.53% (Provisional) for the month of March, 2024 (over March, 2023). Positive rate of inflation in March, 2024 is primarily due to increase in prices of food articles, electricity, crude petroleum & natural gas, machinery & equipment and other manufacturing etc. The index numbers and ...
Read More »Despite persistent global challenges, overall exports (merchandise + services) estimated to surpass last year’s highest record. It is estimated to reach USD 776.68 Billion in FY 2023-24 as compared to USD 776.40 Billion in FY 2022-23.
India’s overall exports (Merchandise and Services combined) in March 2024* is estimated to be USD 70.21 Billion, exhibiting a negative growth of (-) 3.01 per cent over March 2023. Overall imports in March 2024* is estimated to be USD 73.12 Billion, exhibiting a negative growth of (-) 6.11 per cent over March 2023. Table 1: Trade during March 2024* ...
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