Tag: WTO

FM releases National Trade Facilitation Action Plan for ease of doing biz

The National Action Plan aims to transform cross border clearance ecosystem by reduction in cargo release time through efficient, transparent, risk based, co-ordinated, digital, seamless and technology driven procedures which are supported by state-of-the-art sea ports, airports and land borders.…

MSME की परिभाषा अब रोजगार सृजन और टर्नओवर जैसे पैरामीटर पर: MSME सचिव

एमएसएमई मंत्रालय के मुख्य सचिव के के जालान ने कहा है कि केंद्र सरकार एमएसएमई क्षेत्र के विकास के लिए एमएसएमई सेक्टर की परिभाषा को पुनः पूंजी मापदंडो के अलावा अन्य पर संशोधित कर रही है। और इस सेक्टर की बेहतरी के लिए कार्य कर रही है। जालान ने कहा कि अभी 10 लाख से […]

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Exports up 4.32% to $22.11 bn in Jan

India’s exports rose 4.32 per cent in January to USD 22.11 billion mainly due to increase in shipments of petroleum products, engineering goods and iron ore even as trade deficit widened to USD 9.84 billion. Gold imports slipped by 29.94 per cent to USD 2.04 billion in January from USD 2.91…

Indian exports at $20 bn in Nov grow 2.3% over last year

Signalling a definitive reversal of the continuous decline in Indian exports earlier in the year, official data on December 15 showed these grew for the third month in a row at $20 billion in November, an uptick of 2.29 per cent over $19.56 billion in November 2015. Data released by the Commerce …

Competition among banks will cut SME borrowing cost: IMC President

The cost of funding for Micro, Small and Medium Enterprises (MSMEs) can be bought down substantially by unleashing competition among banks. Removing restrictions on foreign banks opening more branches will do the trick, said Deepak Premnarayen, President-elect, Indian Merchant Chamber, said . Dis…