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Index of Eight Core Industries (Base: 2011-12=100) for October, 2020

The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of October, 2020. 2. The combined Index of Eight Core Industries stood at 124.2 in October,2020, which declined by 2.5 (provisional) per cent as compared to the Index of October, 2019.Its cumulative growth during April to October, ...

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UNDP and Invest India launch the SDG Investor Map for India

18 Investment Opportunities Areas identified across 6 critical SDG-enabling sectors that can balance commercial returns with catalytic development impact UNDP and Invest India have launched the SDG Investor Map for India, laying out 18 Investment Opportunities Areas (IOAs) in six critical SDG enabling sectors, that can help India push the needle forward on Sustainable Development. “India occupies a key role ...

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APEDA holds Virtual Buyer Seller Meet with Germany

Agricultural and Processed Food Products Export Development Authority (APEDA),under Ministry of Commerce and Industry,facilitates export of its scheduled agricultural and processed products through several export promotional activities. During the Covid19 pandemic period, APEDA continued its endeavour to promote export of agricultural products through the virtual medium.  Several virtual buyer seller meets were organised with the importing countries in association with ...

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ndex of Eight Core Industries (Base: 2011-12=100) for September, 2020

The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of September, 2020. 2. The combined Index of Eight Core Industries stood at 119.7 in September,2020, which declined by 0.8 (provisional) per cent as compared to the Index of September, 2019.Its cumulative growth during April to September, ...

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Leather Sector Skill Council launches SCALE India Android App for Enhanced Quality Assurance under Skill India Mission

In an endeavour to provide a single platform to integrate quality assurance across all its services, the Leather Sector Skill Council (LSSC) today announced the launch of Skill Certification Assessment for Leather Employees (SCALE) India android app. Operating under the aegis of the Ministry of Skill Development and Entrepreneurship(MSDE), LSSC is committed to strengthen its digital capabilities on quality assurance ...

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INDIA’S FOREIGN TRADE: September 2020

India’s overall exports (Merchandise and Services combined) in April-September2020-21* are estimated to be USD 221.86Billion, exhibiting a negative growth of (-)16.66per cent over the same period last year. Overall imports in April-September 2020-21* are estimated to be USD 204.12Billion, exhibiting a negative growth of (-)35.43per cent over the same period last year. *Note: i) The latest data for services sector ...

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Assessment of Disruption of Imports from China

Government has banned certain apps in June 2020 and September 2020 on concerns of security and to ensure safety and sovereignty of the Indian cyberspace.  Many apps are available on each of the popular playstore namely Google PlayStore and Apple Store including competing apps with similar functionalities. Government of India has also launched Digital India AatmaNirbhar Bharat Innovate Challenge to ...

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Capping of Rs 2 Crore for MEIS will not affect 98% of the exporters: Shri Goyal

Union Minister of Commerce and Industry Shri Piyush Goyal today met the Office-bearers of various Export Promotion Councils (EPCs), to discuss the issues concerning the country’s global trade, ground level situation, and problems being faced by the exporters. Shri Goyal has been holding a series of discussions with the EPCs, particularly since the lockdown. The Commerce Secretary Dr Anup Wadhawan, ...

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First ever Virtual Buyer Seller Meet for loose diamonds commences

Shri Suresh Kumar, Joint Secretary, Ministry of Commerce & Industry, Government of India inaugurated first Virtual Buyer and Seller Meet for loose diamonds. The two day meet is being organized by the Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body for promotion of Gems and Jewellery Exports. The meet will give an opportunity for buyers and ...

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In the auto sector, we should move towards global dominance: Shri Piyush Goyal

Union Minister of Commerce & Industry and Railways Shri Piyush Goyal  has said that in the auto sector, we should move towards global dominance, in terms of auto components & automobiles. Addressing the Society of Indian Automobile Manufacturers (SIAM) annual convention today, he said “We are improving the scale & quality of what we are producing & serving. With this, we are seeing ...

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