With the approaching harvest season of the golden spice, turmeric, Spices Board conducted a virtual Buyer Seller Meet(BSM) to strengthen market linkages and promoting exports. A total of 122 participants were part of this interactive event. The BSM aimed at giving accessibility to farmers and farmer producer groups for better price realization for their produce. The immunity boosting properties of ...

India’s merchandise exports in January 2021 were USD 27.24 billion as compared to USD 25.85 billion in January 2020, an increase of 5.37%. Exports during April-January 2020-21 were USD 228.04 billion, as compared to USD 264.13 billion during the same period last year, exhibiting a negative growth of 13.66%. India’s merchandise imports in January 2021were USD 41.99 billion, as compared ...

The Office of The Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of December, 2020. 2. The combined Index of Eight Core Industries stood at 133.8 in December,2020, which declined by 1.3 (provisional) per cent as compared to the Index of December, 2019.Its cumulative growth during April to ...

India is the world’s largest exporter of chili and turmeric, the exports of which have recorded a steady progress, over the years. During 2019-20, India exported 4,84,000 tonnes of chili and chili products valued at Rs.6211.70 crores which contributed to more than 40 per cent in volume and 29 per cent in value of India’s total spice exports. Turmeric held ...

Foreign Direct Investment (FDI) is a major driver of economic growth and an important source of non-debt finance for the economic development of India. It has been the endeavor of the Government to put in place an enabling and investor friendly FDI policy. The intent all this while has been to make the FDI policy more investor friendly and remove ...

The Queen of Spices, small cardamom, is known the world over because of its pleasant aroma and taste. Kerala is the largest producer of small cardamom in the country, with Tamil Nadu and Karnataka being other producers. The export of small cardamom showed an upward trend during the first half of 2020-21, with a volume of 1900 MT valued at ...

The National Conference with States on Logisticswas organized on Tuesday 19th January, 2021 by the Department of Commerce, with the objective to initiate a consultative and collaborative framework for the Central and State Governments to work in a coordinated manner in the logistic sector.  The Conference was attended by more than 175 participants from the States and UTs, Central Ministries and ...

India’s commitment to reforms is evident from the width and scale of reforms undertaken at pan- India level since 2014 under the visionary leadership of Hon. Prime Minister. This is reflected in the meteoric rise of India’s rank in World Bank’s Ease of Doing Business Report from 142nd in 2014 to 63rd in 2019. In order to translate the Atmanirbhar Bharat Abhiyan ...

The 1st India-EU IPR dialogue was held on 14th January, 2021 between the EU Commission and Department for Promotion of Industry and Internal Trade (DPIIT)through a virtual platform. The aim of the dialogue was to further strengthen the India-EU relation & facilitate enhanced cooperation in the field of Intellectual Property Rights. The meeting was co-chaired by Sh. Ravinder, Joint Secreatry, DPIIT and ...

The Central Government has now decided to nominate the non-official members on the National Startup Advisory Council representing various stakeholders such as founders of successful startups, veterans who have grown and scaled companies in India, persons capable of representing interest of investors into startups, persons capable of representing interests of incubators and accelerators, representatives of associations of stakeholders of startups ...