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Government extends the benefit of the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to all export goods w.e.f. 1st January, 2021

The RoDTEP scheme would refund to exporters the embedded Central, State and local duties/taxes that were so far not being rebated/refunded and were, therefore, placing our exports at a disadvantage.

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Cabinet approves Industrial Corridor nodes at Krishnapatnam & Tumakuru under CBIC; Multi Modal Logistics Hub & Multi Modal Transport Hub (MMTH) at Greater Noida also approved

The approved proposals have a total estimated cost of Rs. 7,725 crore and an estimated employment generation of more than 2.8 lakh persons

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Achievements of Ministry of Commerce & Industry in the year 2020

Major achievements include providing various Reliefs for exporters & facilitating medical supplies to the world during COVID-19, Enhanced EoDB through electronic governance, Reducing Non-Essential Imports, launching PLI Scheme for 13 sectors, Investment Clearance Cell being set up, Launch of Industrial Information System, One District One Product for AatmaNirbhar Bharat & Increase in total FDI inflow by 11% during the first 7 months of FY20-21.

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DPIIT invites applications for National Startup Awards 2021

The applications for the awards are open till 31st January 2021. The awards for startups will be given in 49 areas classified into 15 broad sectors.

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Cabinet Approves Export of Akash Missile System & Creates a Committee for faster Approval of Exports

Akash is the country's important missile with over 96% indigenisation. The Cabinet approval will facilitate Indian manufacturers to participate in RFI/RFP issued by various countries.

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Shri Piyush Goyal assures Bangladesh, India's complete cooperation in ensuring barrier-free trade between the two countries

Addressing India-Bangladesh Digital Conference on Agriculture Sector, he said that we have offered duty-free market access to Bangladesh in many products, including, agri-exports.

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Media Coverage

Export of all varieties of Onions, has been made 'Free' w.e.f. 01.01.2021

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Import Policy of Coal shall be subject to Coal Import Monitoring System (CIMS)

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Export Policy of Medical Goggles & Nitrile/NBR Gloves is amended from 'Restricted' to 'Free' category

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Media Coverage
Wionews

PM Modi's approval ratings highest among world leaders

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The Hindu

India's economy could prove to be "most resilient" in subregion over long term: UN

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