Worried over the impact of demonetisation of high-value notes on production chain, Commerce Minister Nirmala Sitharaman assured exporters that she would take up their demand of increasing the cash withdrawal limit with the Finance Minister. The issue was raised by export promotion councils during…
Tag: Nirmala Sitharaman
India’s September exports growth gives hope, says Sitharaman
Indian exports grew at 4.62 per cent in September to revive hope among the country’s exporters struggling against depressed global demand, Commerce Minister Nirmala Sitharaman said. “So, there is hope. There is definitely prospect for our exporters struggling and also performing in a …
Ease of doing business | Dedicated task force in all ministries to track progress
All ministries will now have to set up a dedicated task force in each department to track progress on ease of doing business as part of the government’s renewed efforts to improve India’s rank in the World Bank’s Global Doing Business Report, a measure that comes after the country moved up just o…
DIPP, Andhra to hold Partnership Summit in January
The Department of Industrial Policy and Promotion (DIPP) and the Andhra Pradesh government will jointly organise two-day Partnership Summit from January 27, 2017, for global and Indian industry to discuss innovative policies and path-breaking strategies, an official statement said on November 10.…
India needs to look for new export markets: Sitharaman
Commerce and Industry Minister Nirmala Sitharaman on November 8 said that to boost exports, India needs to look for newer markets like Africa or Latin America for which ECGC, the government company which ensures sustained flow of exports, will have to support the exporters. “We have to look…
Govt to provide all support to gems & jewellery sector: Nirmala Sitharaman
The government will extend full support to the gems and jewellery exports as it is recording healthy growth at a time when outbound shipments are facing challenges, Commerce and Industry Minister Nirmala Sitharaman said on October 20. India has made a big difference in gems and jewellery trade at…
Sitharaman launches CIPAM logo
The logo of the Cell for IPR Promotion and Management (CIPAM) was launched by the Commerce & Industry Minister Nirmala Sitharaman. On the occasion she said that this is an ambitious task as India’s intellectual property related activities need great traction. The logo has been designed keepin…
Banks will have to understand how to fund SMEs in a sustained manner | Nirmala Sitharaman
In Conversation with Arun Tiwari, CMD, Union Bank of India, Nirmala Sitharaman, Commerce & Industry Minister and RC Bhargava, Chairman, Maruti Suzuki on NPAs, MSME sector and need for standardisation if India is to emerge as a global manufacturing hub. Edited excerpts: Q: NPAs and capital req…
China should give India greater market access to improve trade ties: Sitharaman
Raising concerns about its gaping trade deficit with China, India has asked the country for fast clearance of its rice and pharmaceutical exports and grant of IT projects to Indian companies in addition to greater market access for items such as oilseeds and tobacco. Commerce & Industry Minis…
BRICS Trade Ministers likely to ink framework pact on MSMEs, services, non-tariff measures
Trade Ministers from the five BRICS Nations — Brazil, Russia, India, China and South Africa — are expected to sign a framework agreement on increasing cooperation amongst Micro Small and Medium Enterprises, promoting trade in services and addressing non-tariff measures when they meet in New Delhi…