Tag: foreign trade policy
Govt invites proposals to set up e-commerce hubs
India on Friday released the draft modalities to setup e-commerce export hubs (ECEH) wherein small producers will be facilitated to sell to aggregators and then…
Supreme Court seeks government’s response on non-basmati rice export ban
The Supreme Court has sought response from the government, the Directorate General of Foreign Trade (DGFT), National Cooperative Exports Ltd and others on a plea…
export obligation default: FinMin operationalises amnesty scheme for traders failing to meet export obligation
The finance ministry has operationalised the amnesty scheme for traders who defaulted in export obligation under the Advance and EPCG authorisation scheme. As per the…
Foreign trade policy to boost business sentiment: Industry bodies
The Foreign Trade Policy (FTP) for 2023 announced recently will further boost business sentiments to reach the aspirational target of India becoming a leader in…
Foreign Trade Policy: Foreign trade, a new pathway
GoI has issued its Foreign Trade Policy (FTP), 2023. The earlier policy FTP 2015-20, which was to end on March 31, 2020 was extended till…
foreign trade policy: New foreign trade policy to promote exports through e-commerce, batteries, farm equipment: Experts
The new Foreign Trade Policy (FTP) 2023, announced recently, will help in promoting exports of sectors from e-commerce, batteries for electric vehicles and farm equipment,…
Cases under probe for fraud, misdeclaration of material not to be covered under FTP’s amnesty scheme
Cases under investigation for fraud, and misdeclaration of capital goods will be excluded from the coverage of the amnesty scheme announced under the new foreign…
Government to identify 100 districts to develop as export hubs: DGFT
The government will identify close to 100 districts across the country to turn them into export hubs by adopting a “bottom-up approach”, Director General of…
commerce: India ready to trade in INR with countries facing currency crises, says Commerce Secy Sunil Barthwal
India is ready to trade in Indian Rupee (INR) with countries which are facing currency failure or have dollar shortage, said Commerce Secretary Sunil Barthwal…
Foreign trade policy news: Foreign Trade Policy 2023 unveiled, govt breaks tradition of target year
Unveiling the much-awaited Foreign Trade Policy, Commerce Ministry on Friday broke the tradition of a policy lasting for five years and will instead adopt a…