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Business in north-east region should focus on textiles, agriculture: DPIIT

The Commerce and Industry Ministry has suggested business community in the north-east region of the country to focus on sectors like textiles, start-ups and agriculture as they hold huge potential for investments, an official said. The government has rolled out the North East Industrial Development Scheme (NEIDS), 2017 to promote industrialisation and job creation in […]

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FM: More reforms to make India better investment destination

Finance minister Nirmala Sitharaman on Tuesday said the government is open to further reforms for making India a more attractive investment destination. The government has taken various steps, including reduction of corporate tax, she said at the India-Sweden Business Summit here. I only can invite and assure that the government of India is committed for […]

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India exported organic products worth Rs5,151 cr in 2018-19: Narendra Singh Tomar

India exported 6,14.089.61 tonnes of organic products, valued at Rs5,150.99 crore, in the fiscal year 2018-19 while total production of organic products in the country during the financial year stood at 25,087,328.65 tonnes. Production of certified agricultural commodities in the country during the fiscal stood at 2.607,384.90 tonnes, union minister of agriculture and farmers’ welfare […]

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India heading for a record tea production this year

Despite a disappointing October, India is heading towards a record production in tea this calendar year, thanks to higher output in previous months. Tea Board has now released the data for October which shows a decline in production in both South and North due to adverse weather conditions. South India lost 1.82 million kg (mkg) […]

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Import curbs likely on over 350 items to boost ‘Make in India’

The government has identified over 350 “non-essential” imports — ranging from toys and textile products to footwear and electronic goods — on which it intends to initiate a host of measures, including an increase in customs duty apart from putting in place quality control orders to reduce shipments into the country and encourage domestic manufacturing.

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11,000 tonnes of onions to reach India from Turkey.

To control the rising prices of onion, the government is importing 11,000 tonnes of the staple vegetable from Turkey. Government sources on Sunday said that the MMTC has signed a second import order for this and the consignment will reach the country by end of December or the first week of January. The MMTC is […]

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‘Punjab’s investors summit to help boost agri sector’.

The Punjab government is set to leverage the upcoming ‘Progressive Punjab Investors Summit’ to reach out to some of the world’s leading FMCG companies for boosting the agriculture sector, an official statement said on Sunday. The summit, to be held on December 5-6, will serve as a platform to promote new initiatives and adoption of […]

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Ice-cream makers seek duty-free import of SMP.

The Indian Ice-Cream Manufacturers’ Association has represented to the Centre to allow duty free import of Skimmed Milk Powder due to the steep increase in prices and shortage in the market. The Association which represents the fragmented, small, medium and large scale manufacturers of ice-creams and frozen desserts will meet with the Union Minister for […]

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Promote organic farming to raise farmers’ income: Kailash Chaudhary.

Union Minister of State for Agriculture Kailash Chaudhary on Sunday stressed upon promoting organic farming, saying this will increase income of farmers. It would be good for consumers as well, the minister added. The Centre’s traditional farming improvement programme is there to support and promote agriculture in the country, which can be good for health […]

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Dairy out of India-US trade talks for now

India and the US have identified almost 40 products like pistachios, walnuts and apples that can be considered for duty concessions. The two sides are also trying to zero in on workable concessions for medical devices. The issues were discussed at an official-level meeting between trade negotiators of the two countries last week even as […]

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