The commerce ministry on Tuesday extended the validity of the current foreign trade policy (FTP) for 2015-20 by another year to FY21 end. The move is aimed at softening the blow to exporters already grappling with a massive cancellation of orders in the wake of the COVID-19 pandemic, a senior official told. The extension will enable.

The Department of Pension & Pensioners’ Welfare (DoPPW) has set up a Pension Adalat for on-the-spot resolution of pensioners grievances. Chronic cases are pulled out of the Centralized Pension Grievance Redressal & Monitoring Mechanism (CPENGRAM) system. These grievances are short-listed in advance for taking up in the Adalat. “This model has been evolved for speedy.

The existing Foreign Trade Policy, which is scheduled to lapse this month-end, may be extended by six months as the government has not been able to wrap up consultations for a new policy due to the on-going lockdown aimed at checking the spread of Covid-19. Commerce & Industry Minister Piyush Goyal is likely to make.

Exporters are still in the dark over whether the government will go ahead with the scheduled announcement of the new Foreign Trade Policy (FTP) 2020-25 on April 1. Many are making a case for postponing the FTP due to the uncertainties unleashed by the Covid-19 pandemic and a shut-down of government offices was making discussions.

No sooner did the Union shipping ministry lay down the protocol for vessels, calling on Indian ports to combat COVID-19, importers, especially in the cement industry, are already staring at a cost escalation on account of the quarantine. “India imports limestone (used to make cement) in large quantities from the United Arab Emirates (UAE), Qatar and Oman,.

Strengthening India’s domestic manufacturing, making India self-reliant in many products and a separate chapter on e-commerce could be highlights of the upcoming foreign trade policy (FTP). These issues were discussed in a meeting that commerce and industry minister Piyush Goyal had on Monday with industry chambers and exporters of around 10 sectors ahead of the.

The Commerce and Industry Ministry on Monday held deliberations with stakeholders on issues related to the forthcoming foreign trade policy (FTP) for 2020-25, an official said. The meeting was attended by representatives of CII and exporters from various sectors. The official said that presentations were given to Commerce Minister Piyush Goyal on sectors such as.

The popular Merchandise Export from India Scheme (MEIS) for exporters will continue beyond March 31, for some more months and then be withdrawn in phases and replaced with the new Remission of Duties or Taxes on Export Product (RoDTEP) scheme following discussions on the appropriate rates with exporters, Commerce & Industry Minister Piyush Goyal said..

With the government moving a bill in the Lok Sabha on Thursday to convert the 11 major port trusts into port authorities, and the announcement in the Union Budget that at least one major port would be corporatised and listed on stock exchanges, all eyes are on how this will be carried out. Shipping Minister.

The commerce and industry ministry has called a meeting of all stakeholders on March 16 to discuss issues related to the forthcoming foreign trade policy (FTP) for 2020-25, an official said. The meeting will be attended by industry chambers and exporters from various sectors such as textiles, chemicals, agriculture, capital goods, electronics, engineering, pharmaceuticals, leather,.