Ministry of Micro, Small & Medium Enterprises EXPORT OF COIR PRODUCTS India’s share in the international coir market for the finished products is estimated to be about 80 to 85%. The export of coir and coir products has shown an increase to the tune of 37% in terms of value and 17.6% in terms of…...
CGST Navi Mumbai Commissionerate busts fake ITC racket of Rs. 10.68 Crore, arrests proprietor of a steel firm
Ministry of Finance CGST Navi Mumbai Commissionerate busts fake ITC racket of Rs. 10.68 Crore, arrests proprietor of a steel firm Mumbai: February 3, 2022 CGST Commissionerate, Navi Mumbai had busted a fake ITC racket of Rs. 10.68 Crores and arrested the proprietor of M/s. Navnit Steels (GSTIN: 27AEXPD3871K1ZV) on Wednesday (February 2, 2022). The…...
Previous Highest Ever yearly exports crossed in 10 months
Ministry of Commerce & Industry Previous Highest Ever yearly exports crossed in 10 months this year with figures touching USD 336 billion approximately India’s merchandise export in January 2022 increases by 23.69% to USD 34.06 billion over USD 27.54 billion in January 2021; records increase of 31.75% over USD 25.85 billion in January 2020 India’s…...
API Manufacturers
Ministry of Commerce & Industry API Manufacturers India is the third largest player globally in Pharmaceuticals in terms of volume and is the largest supplier of low cost generics and vaccines to the world. The Government is also taking steps in the form of various schemes to attract investments in pharmaceuticals and medical devices sectors,…...
Micro Entrepreneurs in Rural Areas
Ministry of Commerce & Industry Micro Entrepreneurs in Rural Areas Under Startup India Initiative, entities including Micro enterprises are recognized by Department for Promotion of Industry and Internal Trade (DPIIT) as Startups as per eligibility conditions prescribed under G.S.R. notification 127 (E) dated 19th February, 2019. All initiatives under the Startup India are inclusive and are…...
Export of Organic Foodgrains
Ministry of Commerce & Industry Export of Organic Foodgrains The National Centre for Organic Farming (NCOF), under the Ministry of Agriculture & Farmers Welfare, is the nodal organization for organic farming in the country. NCOF implements the National Project on Organic Farming (NPOF) to promote production, certification and marketing of organic products. The National…...
Implementation of Agriculture Export Policy
Ministry of Commerce & Industry Implementation of Agriculture Export Policy In view of considerable overlap between schemes, it has been decided to merge the ‘Scheme on Implementation of Agriculture Export Policy’ with other district level schemes being planned by the Department of Commerce. The institutional framework created under the District Export Hubs initiative, at State…...
SUMMARY OF THE ECONOMIC SURVEY 2021-22
Ministry of Finance SUMMARY OF THE ECONOMIC SURVEY 2021-22 AS PER WORLD BANK, ADB AND IMF PROJECTIONS, INDIA TO REMAIN THE FASTEST GROWING MAJOR ECONOMY IN THE WORLD DURING 2021-24 INDIAN ECONOMY TO GROW BY 9.2% IN REAL TERMS IN 2021-22 AGRICULTURE TO GROW BY 3.9 % IN 2021-22 IN COMPARISON TO 3.6% IN THE…...
KEY HIGHLIGHTS OF THE ECONOMIC SURVEY 2021-22
Ministry of Finance KEY HIGHLIGHTS OF THE ECONOMIC SURVEY 2021-22 9.2 PERCENT GROWTH EXPECTED IN REAL TERMS IN 2021-22 GDP PROJECTED TO GROW 8.0-8.5 PERCENT IN 2022-23 PANDEMIC: GOVERNMENT’s SUPPLY SIDE REFORMS PREPARING ECONOMY FOR SUSTAINED LONGTERM EXPANSION CAPEX GROWS BY 13.5 PERCENT (YoY) DURING APRIL-NOVEMBER, 2021 FOREIGN EXCHANGE RESERVES TOUCH US$ 633.6 BILLION ON…...
Inflow of 48 billion dollars in investment in the first seven months of the current
Ministry of Commerce & Industry Inflow of 48 billion dollars in investment in the first seven months of the current financial year testimony to the belief the global investor community has in India’s growth story- Shri Ram Nath Kovind Since 2016, sixty thousand new start-ups have been established in 56 different sectors and have created…...