Cabinet approves sale of 5 PSUs including BPCL, Shipping Corp, CONCOR

In the biggest privatisation drive ever, the Union Cabinet on Wednesday approved sale of government’s stake in blue-chip oil firm BPCL, shipping firm SCI and on land cargo mover Concor, as well as decided to cut shareholding in select public sector firms below 51 per cent to boost revenue collections that have been hit by.

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MSME export council suggests state govt to draft fresh policy

The Micro, Small and Medium Enterprises (MSME) Export Promotion Council has come out with a suggestion to draft a fresh policy for the MSME. These suggestions were made by the Council chairman DS Rawat in Lucknow on Monday in the presence of chairman of UP unit, Hari Narayan Rajbhar. The MSME Export Council chairman said.

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Assam gets its first export policy

Assam has got its first export policy to boost exports. The state has a competitive advantage through increased market penetration as well as to explore new markets for products in nine focus areas, which includes tea, its principal export item, wellness hospitality and health tourism. The export and logistic policy, 2019 will be in force.

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Govt may extend anti-dumping duty on imports of Chinese chemical

The government may extend existing anti-dumping duty on imports of a Chinese chemical used in pharmaceuticals industry as the commerce ministry insisted on continuation of the levy. The continuation of the duty on imports of ‘Sodium Nitrite’ from China was recommended by the ministry’s investigation arm Directorate General of Trade Remedies (DGTR) after concluding a.

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Govt may extend anti-dumping duty on imports of clear float glass

The government may extend existing anti-dumping duty on imports of clear float glass as the commerce ministry has recommended for continuation of the levy. Continuation of the duty was recommended by the ministry’s investigation arm Directorate General of Trade Remedies (DGTR) after concluding a probe into it. The directorate has said there is a likelihood.

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5 key polices that are driving the growth of Indian logistics segment

The focus of the Indian government over the past few years has been on accelerated growth through improved bilateral trade and foreign investment policies. India has garnered tremendous goodwill and become a global brand for trade development, thanks to the proactive government initiatives. According to a study conducted by The Associated Chambers of Commerce and.

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Govt Unveils Two IT Initiatives for Faster Clearance of Imported Goods

The government on Monday unveiled two new IT initiatives, ICEDASH and ATITHI, for improved monitoring and pace of customs clearance of imported goods. These initiatives will also facilitate arriving international passengers with e-filing of baggage and currency declarations. Launching the initiatives, “Finance Minister Nirmala Sitharaman lauded the measures taken by the Central Board of Indirect.

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Government mulling setting up mega parks near ports to attract FDI: Textile Secretary

The government is mulling setting up around ten integrated mega parks with state-of-the-art infrastructure near ports to attract foreign direct investment, a top official said on Monday. Addressing a conference, Textile Secretary Ravi Capoor said there has been a “very good response” from state governments on the proposed mega parks. He noted that there are.

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ITF, Saudi Arabia Agree to Support Seafarers in Local Seaports

The International Transport Workers’ Federation (ITF) and the Kingdom of Saudi Arabia have committed to work closely together to support seafarers in all of the country’s ports. On October 21, 2019, Essam M. Alammari, the IMO Permanent Representative of the Kingdom of Saudi Arabia, met Steve Trowsdale, ITF Inspectorate Coordinator, and Mohamed Arrachedi, ITF Arab.

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