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To promote Foreign Direct Investment (FDI), the Government has put in place an investor-friendly and enabling policy, wherein many sectors are open for 100% FDI under the Automatic route. The intent is to make the FDI climate more investor friendly and remove the policy bottlenecks that have been hindering investment inflows into the country. FDI policy reforms carried out by ...

The value of India’s overall exports (merchandise and services) during first eight months of the current financial year, April-November 2020, was US$ 304.53 billion as compared to US$ 351.83 billion during same period of the previous year, showing a negative growth of 13.45%. During this period, India’s overall exports were US$ 44.87 billion in September 2020 as compared to US$ ...

India’s Trade Policy Review (TPR) has been carried out by the World Trade Organization (WTO) under the Trade Policy Review Mechanism, wherein the trade related policies of Member countries are reviewed at regular intervals by the WTO. India’s TPR meetings were held on 6th & 8th January 2021. USA and the EU have flaggedcertain trade related issues, including increase in ...

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 ...

In the Union Budget 2021-22, Finance Minister, Nirmala Sitharaman, announced that Agricultural Produce Marketing Committees (APMCs) will become eligible beneficiaries to utilize the 1 lakh crore financing facility under Agriculture Infrastructure Fund (AIF) to enhance infrastructure at regulated markets, commonly known as Mandis. APMCs are state controlled markets that are setup to provide market linkages to farmers. Market yards or Mandis provide space for ...

Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh saidnuclear energy is an important component of the country’s energy mix and is being pursued along with other sources of energy in an optimal manner. In a written reply to a question in the Lok ...

The Government today said that preliminary surveys on surface and limited subsurface by Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of Department of Atomic Energy have shown presence of Lithium resources of 1,600 tonnes (inferred category) in the pegmatites of Marlagalla – Allapatna area, Mandya district, Karnataka. Lithium is a key element for new technologies and ...

Government today said that ISRO has got a structured technology transfer mechanism to transfer the identified technologies developed by ISRO for spin-off and other commercial applications on non-exclusive basis. In a written reply to a question in the Lok Sabha, Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy ...

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 ...

To strengthen the overall research ecosystem of the country, the Union Budget FY 2021-22 announced a slew of new initiatives to boost Innovation and R&D in the country . While presenting the Budget in Parliament today, Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, proposed initiatives covering digital payments, space sector and deep ocean explorations. National Research Foundation The Finance Minister proposed an outlay ...