Ministry of Road Transport & Highways Emphaises on all sectors working in tandem to convert adversity into an opportunity Union Minister for Road Transport & Highways and MSMEs Shri Nitin Gadkari has assured the industry of full cooperation from the government in restarting their enterprises after the lockdown is lifted post COVID-19. Interacting with FICCI…...
Commerce and Industry Minister meets the Industry and traders Association;Assures them that the Ministry is working to solve their problems
Ministry of Commerce & Industry Ministry of Commerce and Industry today held interaction, through Video conferencing, with various Industry and Trade associations of the country to assess the ground situation and problems being faced by them in the wake of Covid-19 and subsequent lockdown. Union Commerce and Industry & Railways Minister Shri Piyush Goyal, MoS…...
Repayment of 7.80% GS2020
Ministry of Finance The repayment of following securitiesis due as per details given below: Table: Details of GoI Security maturing on May 03, 2020Sl. No.Name of SecurityScheduled Date of RepaymentEffective date of RepaymentNo Interest Accrual from scheduled date of Repayment(1)(2)(3)(4)(5)1.Repayment of 7.80% GS 2020May 03, 2020 (Sunday)May 01, 2020 (Friday)May 01, 2020 (Friday) The outstanding balance under ’7.80%…...
Relaxations provided on compliances to be met by units / developers / co‐developers of SEZs
ministry of Commerce & Industry In view of the sudden outbreak of COVID‐19 pandemic and the nation‐wide lock‐down, most government offices are closed and a few involved in emergency services etc., are functioning with skeletal staff. The Department of Commerce has therefore decided to provide suitable relaxations on compliances to be met by units /…...
Finance Minister attends the 2nd Extraordinary G20 Finance Ministers and Central Bank Governors Virtual Meeting
Ministry of Finance Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman participated in the 2nd Extraordinary G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Saudi Arabian Presidency today, to discuss the impact of COVID-19 pandemic on the global economy and coordinate efforts in response to this global challenge. Finance Minister appreciated…...
India calls for further enhancing affordable access to medicines and facilitating easier movement of health professionals across national borders;
Ministry of Commerce & Industry Shri Piyush Goyal says India has been a dependable and affordable source of efficacious and high quality medical and pharma products;G20 Trade and Investment Ministers decide to keep their markets open, and ensure smooth and continued operation of the logistics networks Posted On: 31 MAR 2020 12:04PM by PIB Delhi…...
Foreign Trade Policy 2015-2020 extended for one year;
Ministry of Commerce & Industry Other immediate relief measures also announced The Union Commerce and Industry Ministry today announced changes in the Foreign Trade Policy (FTP) of Government of India. The present Policy which came into force on 1st April, 2015, is for 5 years and has validity upto 31st March, 2020. In view of the unprecedented…...
IBBI amends CIRP Regulations to provide relief in corporate insolvency resolution process due to COVID-19 outbreak
Ministry of Corporate Affairs To address this difficulty faced by the lockdown due to COVID-19, the Insolvency and Bankruptcy Board of India (IBBI) amended the CIRP Regulations to provide that the period of lockdown imposed by the Central Government in the wake of COVID-19 outbreak shall not be counted for the purposes of the time-line…...
Relaxations provided on compliances to be met by units / developers / co‐developers of SEZs
Ministry of Commerce & Industry In view of the sudden outbreak of COVID‐19 pandemic and the nation‐wide lock‐down, most government offices are closed and a few involved in emergency services etc., are functioning with skeletal staff. The Department of Commerce has therefore decided to provide suitable relaxations on compliances to be met by units /…...
Over 1.75 Lakh people visit Business Immunity Platform website in a week;
Ministry of Commerce & Industry Platform is helping businesses get real-time updates on India’s response to COVID-19 The Invest India Business Immunity Platform (https://www.investindia.gov.in/bip?utm_source=popup), hosted on the website of Invest India, India’s National Investment Promotion & Facilitation Agency, under the Ministry of Commerce and Industry is working 24X7 as a comprehensive resource to help businesses and investors…...