The Directorate General of Foreign Trade (DGFT), Department of Commerce , in partnership with the Ministry of External Affairs (MEA) and other government agencies, is organising the National Conference on Strategic Trade Controls (NCSTC) scheduled for January 30, 2024, at Vigyan Bhawan, New
Commerce and Industry Minister Piyush Goyal has said that in the next two and a half years, India will become a USD 5 trillion economy while addressing media persons at the launch of the E-Commerce Export Handbook for MSMEs at an event in New Delhi.
Union Minister Poiyush Goyal said on Thursday that 13 crore people came out of poverty in the country in a five-year span, while underscoring that Indian economy has seen tremendous resilience with "low inflation" and "a high rate of growth."
In a significant move to enable micro, small and medium enterprises (MSMEs) and boost e-commerce exports, the Directorate General of Foreign Trade (DGFT) is collaborating with various e-commerce players to leverage the district-level products.
According to a press release by the Ministry of Commerce and Industry, this strategic alliance aims to leverage the "Districts as Export Hubs" initiative and foster e-commerce exports, with the first MoU signed between DGFT and Amazon India.
The Directorate General of Foreign Trade (DGFT) is responsible for formulating and implementing the foreign trade policy with the main objective of promoting India's exports.
This restriction has now been extended beyond its original deadline of October 31, 2023, and will continue until further orders. Notably, this restriction encompasses various types of sugar, including raw, white, refined, and organic sugar.
India has extended the restrictions on the export of sugar beyond October 31, 2023, and until further orders, according to a notification by the Directorate General of Foreign Trade issued on Wednesday.
India has allowed the export of non-basmati white rice in varying quantities to Nepal, Cameroon, Cote d'Ivoire, Republic of Guinea, Malaysia, Philippines, and Seychelles. Notably, the export of non-basmati white rice was prohibited from July 20 to check the domestic prices and ensure dome
The Union Minister of Commerce and Industry Piyush Goyal unveiled a significant initiative for exporters to issue system-based automatic 'Status Holder' certificates under the Foreign Trade Policy (FTP) 2023.