Shri Piyush Goyal calls upon the Exporters to be more competitive and provide quality products to the world
May 29, 2020, 9:57:33 AM
Shri Piyush Goyal, Union Minister for Commerce & Industry and Railways, today, through Video Conference, participated in the Digital Summit on Exports organized by the Confederation of Indian Industry (CII). EXIM Bank of India was the Institutional Partner for the Summit.
<p class="font_8">Addressing the Summit, Shri Goyalsaid that the future of growth lay with industry and the private sector, with the government having a lesser role to play. The minister identified three important ways to increase India’s exports: reviving manufacturing, diversifying the exports basket, and finding newer and more accepting markets. He emphasised that the diversification of exports, in addition to consolidating current areas of strength, is necessary for our economy to grow. He stated that India has a huge opportunity to promote indigenous production in auto component sector, furniture, air conditioners, and others. He said that MeitY is promoting electronics production, in pharma we are encouraging API manufacturing, and in the agri export sector the opportunity is huge. He said that in the IT related service, the world recognizes the Indian expertise and prowess, and hence we have asked the NASSCOM to target for $500 billion export in the sector in next five years.</p>
<p class="font_8">AatmaNirbhar Bharat, he said, is not just about greater self-reliance, but also engaging with the world from a position of strength. He said that India should be seen as a dependable partner and reliable friend in the world market, particularly when the global supply chains are undergoing rejig. Talking about the Prime Minister’s vision to make India self-reliant, Shri Goyal said that we should talk from the position of strength, be competitive, and provide quality products to the world. There should be killer instinct in us to succeed. No crisis can stop our march, if there is willingness to take on the challenges head-on.</p>
<p class="font_8">Shri Goyal congratulated CII on completing 125 years and the launch of the Taskforce on Enhancing Exports through integration into the Global Value Chains (GVCs). He committed to working closely with the Taskforce and take action where necessary for the benefit of industry, and the country.He assured the exporting community that the Government, whether the union or states, are there to provide full support and are willing to work in partnership. He said that the country has skilled workforce, and world class institutions like Universities and research labs, and let us work for the well-being of 130 crore people of India.</p>
<p class="font_8">Mr. Chandrajit Banerjee, Director General, CII, said that we must carry out all reforms necessary to overhaul our exports and this is the right time to roll them out. Trade logistics, compliance with quality standards, seamless functioning of GVCs, and a robust strategy to leverage FTAs would be key, he said.</p>
A search and seizure operation conducted by the Income Tax Department in Kolkata
March 11, 2021, 7:31:22 AM
Kolkata: The Income Tax Department carried out a search and seizure operation on 10.03.2021 on two separate persons based in Kolkata, who are engaged in the handling of cash of others on a commission basis.
Income Tax Department, India, Kolkata
India cabinet approves Pradhan Mantri Swasthya Suraksha Nidhi as a single non-lapsable reserve fund
March 10, 2021, 9:22:05 AM
Delhi: Union Cabinet, chaired by the Prime Minister, Narendra Modi has approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for share of Health from the proceeds of Health and Education Cess levied under Section 136-b of Finance Act, 2007.
India, Finance, India Cabinet
Gurugram DGGI officials arrest 2 men for defrauding exchequer of over Rs 690 crore
March 10, 2021, 7:08:55 AM
Delhi: The ongoing investigation of the Directorate General of GST Intelligence, Gurugram Zonal Unit, were able to arrest two gang members of a fake invoicing syndicate, namely Vikas and Manish, who were involved in GST fraud by way of issuance of fake GST invoices in excess of Rs 4,800 crore which defrauded the exchequer of more than Rs 690 crore.
India, Income Tax Department
The Government takes steps to deal with Casteism and Communalism in the country
March 10, 2021, 6:50:50 AM
Delhi: The Central Government provides assistance to State Governments/ Union Territory Administrations towards incentive for inter-caste marriages, where one of the spouses is a member of a Scheduled Caste.
MCA strikes off 10,113 companies from April to Feb in 2020-2021
March 8, 2021, 1:49:31 PM
Rep. image, Office
Delhi: Ministry of Corporate Affairs (MCA) administers the Companies Act, 2013 (the Act), Limited Liability Partnership Act, 2008 and Insolvency and Bankruptcy Code, 2016. There is no provision for weeding out the Companies in the Act.
Railway Minister Piyush Goyal flags off Tanakpur-Delhi Jan Shatabdi Express special train
February 26, 2021, 11:22:48 AM
Rep. image, Train
Delhi: Minister Piyush Goyal said that the introduction of a new modern, safe, LHB coach Purnagiri Janshatabdi train, will boost tourism and connectivity in the region. The Minister also informed that electrification of Pilibhit- Delhi route was already complete, Tanakpur- Pilibhit route is also complete, only CRS inspection is awaited, soon the entire route (Tanakpur- Delhi) will be fully electrified.
INDIA RAILWAYS, Piyush Goyal
MHA extends guidelines for surveillance, containment and caution states/ UT to strictly enforce SOPs
February 26, 2021, 11:05:15 AM
Delhi: Ministry of Home Affairs (MHA) issued an Order today to extend the existing Guidelines for Surveillance, Containment and Caution to remain in force upto 31.03.2021.
Minister of Home Affairs (MHA), India
MoU sign by MCA & CBIC for exchange of data for enhancing the ease of doing business in India
February 25, 2021, 6:07:10 PM
Delhi: Ministry of Corporate Affairs (MCA) and Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance, signed a Memorandum of Understanding (MOU) for data exchange between the two organisations. The MoU was signed by Manoj Pandey, Joint Secretary, MCA, and B. B. Gupta, ADG, CBIC, in the presence of Rajesh Verma, Secretary, MCA and M. Ajit Kumar, Chairman, CBIC.
MoU, India, MCA, CBIC
India and Pakistan's joint statement on the situation along the Line of Control (LAC)
February 25, 2021, 2:03:51 PM
Delhi: The Director Generals of Military Operations of India and Pakistan held discussions over the established mechanism of hotline contact. The two sides reviewed the situation along the Line of Control and all other sectors in a free, frank and cordial atmosphere.
Line Of Control, LAC, India, Pakistan, Indian Armed Forces
Govt notifies IT (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021
February 25, 2021, 1:44:00 PM
Delhi: Amidst growing concerns around lack of transparency, accountability and rights of users related to digital media and after elaborate consultation with the public and stakeholders, the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 has been framed in exercise of powers under section 87 (2) of the Information Technology Act, 2000 and in supersession of the earlier Information Technology (Intermediary Guidelines) Rules 2011.
Digital Media, India