|
Prohibition on Export of Masks, Ventilators and textile raw material for masks & coveralls
The export of Ventilators, Surgical/Disposable Masks (2/3 ply) and Textile raw material used for masks & coveralls has been prohibited with immediate effect. A Notification (No. 52/2015-2020) issued by Directorate General of Foreign Trade, Ministry of Commerce & Industry said that amendments in this regard have been made in the Export Policy. All other items except surgical/disposable (2/3 ply) masks allowed in the Notification No.48 dated 25.2.2020 shall remain free for exports.
|
READ MORE >
|
|
READ MORE >
|
Government caps prices of Hand Sanitizers & Masks; States/UTs asked to maintain essential supplies
The Government has issued orders to cap the retail prices of hand sanitizers at Rs. 100 per bottle of 200 ml. Retail prices of surgical mask (3 ply) shall not be more than Rs. 10 and that of mask (2 ply) shall not be more than Rs. 8 per piece. Both these items have already been included in the Essential Commodities Act. Distilleries have also been asked to ramp production of Ethyl Alcohol, so that there is no shortage of hand sanitizers.
|
|
Government eases import restrictions for Zinc dross; light, heavy, & full range Naphtha and Aviation gasoline
According to the notification No. 51/2015-2020 by DGFT, Import of Zinc dross is allowed without license, but permitted to the actual user or to the trader on behalf of the actual users authorised by SPCB (State Pollution Control Board) on one time basis and subject to verification of documents by the customs authority. Similarly, imports of light, heavy, and full range naphtha too is now allowed freely. It has also allowed flying clubs to freely import aviation gasoline with certain conditions.
|
READ MORE >
|
|
READ MORE >
|
Boost to Domestic manufacturing: Cabinet approves Production Linked Incentive Scheme for Large Scale Electronics Manufacturing
The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in mobile phone manufacturing and specified electronic components including Assembly, Testing, Marking and Packaging (ATMP) units. The Scheme shall extend an incentive of 4% to 6% on incremental sales (over base year) of goods manufactured in India and covered under target segments, to eligible companies, for a period of five (5) years subsequent to the base year as defined. The total cost of the proposed scheme is approximately INR 40,995 crore.
|
|
APEDA signs MoU with Small Farmers Agribusiness Consortium (SFAC)
With this MoU, APEDA will be able to reach a large farmer base for improving the production base of agri products quantitatively & qualitatively, for maintaining the consistency of supply and establish an image of quality supplier in the International market, leading to increase in export volume & value and indirectly contribute to doubling of farmers' income.
|
READ MORE >
|
|
|
|
