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Commerce and Industry Ministry News
Commerce and Industry Ministry
Piyush Goyal asks companies to submit concerns on draft e-commerce policy in 10 days
Tue, Jun 18, 2019
The issue was discussed during a meeting between the minister and representatives of e-commerce and technology industry.
Industry, exporters should not depend on subsidies; work on improving competitiveness: Goyal
Thu, Jun 06, 2019
Commerce and Industry Minister Piyush Goyal Thursday said that industry and exporters should not depend on government subsidies and instead focus on becoming more competitive.
Tracing jobs in Economy: Develop proper matrix, says Suresh Prabhu
Sun, Apr 07, 2019
The minister's comments have come against the backdrop of former RBI Governor Raghuram Rajan recently raising doubts over the Indian economy growing at 7 per cent when not enough jobs were being created.
India made an offer to US to resolve trade issues: Suresh Prabhu
Wed, Apr 03, 2019
The US has decided to go ahead with its decision to scrap the preferential trade benefit under GSP scheme after 60 days, which is expected to impact India's exports to the US worth USD 5.6 billion under this programme.
Officials restricting supply of domestic goods for public procurement to face action
Sun, Nov 18, 2018
After the inquiry, "appropriate action, administrative or otherwise, shall be taken against erring officials of procurement entities under relevant provisions," according to the amended rules.
India, US talks ongoing to resolve trade issues: Prabhu
Sun, Oct 28, 2018
Commerce and Industry Minister Suresh Prabhu has said India and the US have exchanged offers for a possible trade deal with a view to resolving issues related to bilateral commerce.
Infra cos need to work on innovative instrument to attract global funds: Prabhu
Fri, Oct 05, 2018
Stating that there is no dearth of funds, Commerce and Industry Minister Suresh Prabhu Friday said there is a need to work on innovative instrument and structure to attract global money for investment in infrastructure sector.
Amazon seeks government's nod for e-retail of food products in India
Fri, Feb 03, 2017
The US-based e-commerce company Amazon has sought Goverment of India's nod for online retailing of food products produced and manufactured in India.
Budget 2017: Government may announce incentives for gems & jewellery
Mon, Jan 23, 2017
The government is expected to announce steps like cut in the gold import duty and incentives to set up gems and jewellery parks in the next Budget 2017 to promote growth of the industry.
Keep labour-intensive sectors out of GST ambit: Nirmala Sitharaman
Tue, Jan 03, 2017
Commerce and Industry Ministry on Tuesday asked the GST Council to grant ab-initio exemption to exporters from the Goods and Services Tax (GST) and keep the labour-intensive sectors like leather and plantation completely out of the tax net or put them in lowest slab.
India extends steel floor price to February 4 to curb cheap imports
Sun, Dec 04, 2016
India has yet again extended the floor price of imports of steel products for a further two months as the government tries to protect the domestic industry from cheap overseas shipments, especially from China.
Commerce Ministry commissions study to assess impact of FDI on pharma sector
Sun, May 29, 2016
The experts would look into issues like the impact of foreign direct investment (FDI) in the brownfield pharmaceutical companies and access to affordable medicines, the official said, adding access to medicines can be ensured only when India would have a strong generic medicine industry.