The Horticulture, Revenue and Tribal Development Minister of Himachal Pradesh, Jagat Singh Negi on Saturday warned that the state's apple-based economy would be severely impacted due to foreign trade agreements signed by the Union government and the drastic reduction in import duty on app
"Under the leadership of PM Narendra Modi, this is a landmark deal between India and the US. This is a historic deal. The 50 per cent tariff has been cut down to 18 per cent. Trade will thrive, industries of people will thrive, and employment opportunities will increase," he said.
Union Minister Ramdas Athawale on Saturday welcomed the India-US interim trade agreement, saying the framework would strengthen bilateral trade ties and benefit key sectors, including agriculture, while dismissing concerns being raised about its impact on farmers.
While responding to a question by ANI on the India-US trade deal at a press conference, Setty said, "It's not only the India-US deal, but also other trade deals, whether it is with the EU or the FTA with the UK in the past, all these are extremely positive for the Indian economy."
Speaking to reporters, Chaturvedi said the deal appeared uneven, noting differences in tariffs: the US will cut tariffs on Indian goods to 18%, while India will eliminate or reduce tariffs on US industrial and agricultural products.
Khera contrasted current leadership with past leaders who stood firm with US counterparts, implying a loss of assertiveness and invoked the names of former US Presidents Nixon, Bush, and Obama, suggesting that previous Indian governments dealt with global superpowers as equals.
In response to an ANI question on the status of exports of electronic products and components, Piyush Goyal said, "Smartphones to the US will be exported on zero duty under the trade arrangements."
Rashtriya Janata Dal (RJD) Member of Parliament Manoj Kumar Jha launched a sharp attack on the Union government on Saturday regarding the India-US Interim Trade Framework Agreement, alleging that the Centre was "misleading the entire nation" over revised tariff structures. Speaking about
Union Minister for Commerce and Industry, Piyush Goyal, on Saturday hailed the zero duty on gems and diamonds exported from India to the United States as the two nations announced a framework for the Bilateral Trade Agreement.
Efforts by Indian Railways to increase loading and promote rail-based movement of bulk cement in tank containers are bringing positive results. Many cement companies have approached CONCOR for the movement of bulk cement in tank container
Congress MP Randeep Singh Surjewala criticised Modi government on Saturday, following the announcement of a framework for an India-US Interim Trade Agreement. Speaking from Panchkula, Haryana, Randeep Singh Surjewala said that the deal would devastate Indian livelihoods by opening domesti