Commerce and Industry Minister Shri Piyush Goyal today said that the Government is committed to policy simplification and asked for industry’s feedback and cooperation. Inaugurating CII National Digital conference on Ease of Doing Business for Atmanirbhar Bharat today, the Minister emphasized that a single window system for industrial approvals will soon be in place. He urged both industry and government to ...

The Government is soon going to set up a single window system for clearances and approvals of industry in the country.Talking to the sovereign wealth funds, the foreign pension funds and others on ease of doing business and investments in infrastructure sector in India, Commerce and Industry Minister Shri PiyushGoyal said that this would be a genuine single window and ...

Union Minister of Commerce and Industry Shri Piyush Goyal today held meeting, through Video conference, with the industry and trade associations. This was the fifth such meeting since the lockdown with the associations, to assess the impact of Covid-19 lockdown and subsequent relaxations on their activities, and take note of their suggestions to put the economy back on tracks. The ...

The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Wholesale price Index (WPI) for the month of April, 2020. In view of the limited transactions of products in the wholesale market in the month of April, 2020, due to spread of Covid-19 pandemic, it has been decided to release the Price Movement of selected ...

Minister of Commerce and Industry & Railways Shri Piyush Goyal today, through Video Conferencing, held discussions with the Export Promotion Councils(EPCs) of the country. He called upon the Exporters to identify their strengths, potentials and competitive advantages in specific sectors, and focus on harnessing them in the world markets. ShriGoyal said that in the post-Covid era, there is going to ...

Union Minister for MSME and RT&H, Shri Nitin Gadkari has assured the Footwear Industry all possible support from the government to tide over the challenges created by the lockdown imposed to curb the spread of COVID-19. He was interacting with the representatives of Confederation of Indian Footwear Industries via video conferencing from Nagpur. Shri Gadkari said government has only yesterday ...

In order to give relief to businesses and affected individuals amidst the stress caused by the novel coronavirus pandemic, Department of Commerce, Ministry of Commerce and Industry has introduced several relaxations and extensions in deadlines etc. with regard to compliances mandated under its schemes and activities. The key relaxations pertaining to the Department of Commerce are as follows: A. FACILITATION ...

1.       The summary of the Index of Eight Core Industries (base: 2011-12=100) is given at the Annexure. 2.       The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stood at 132.9 in February 2020, which increasedby 5.5per centas compared to the index ...

The Union Commerce and Industry Ministry today announced changes in the Foreign Trade Policy (FTP) of Government of India. The present Policy which came into force on 1st April, 2015, is for 5 years and has validity upto 31st March, 2020. In view of the unprecedented current situation arising out of the pandemic Novel COVID-19, the Govt. has decided to continue relief ...

An internal assessment of India’s bilateral Free Trade Agreements (FTAs) or Preferential Trade Agreements (PTAs) with Sri Lanka, Afghanistan, Thailand, Singapore, Japan, Bhutan, Nepal, Republic of Korea and Malaysia reveals that the cumulative average growth rate (CAGR) in trade with these partners over the last 5 financial years was 7.1%. While there has been growth rate in both imports from ...