Sunday, November 17, 2024

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Commerce Ministry

Government and Policy

Government instructs e-commerce platforms to remove drinks and beverages including Bournvita from ‘Health Drink’ category

OpIndia Staff -
The ministry cited a finding by the child rights body NCPCR that there is no beverage category called Health Drink under the rules.
News Reports

Union Government approves electric vehicle policy aimed at making India a hub of EV manufacturing, minimum ₹4,150 crore investment required

ANI -
The Union Government has approved a scheme to promote India as a manufacturing destination so that e-vehicles (EV) with the latest technology can be manufactured in the country.
News Reports

Outcomes of 12th WTO Ministerial Conference favourable to India: Commerce and Industry Minister Piyush Goyal

OpIndia Staff -
Sources indicate that India made a significant influence at the 12th ministerial conference of WTO.
News Reports

Commerce ministry caps MEIS benefit to exporters during last 4 months of the scheme, govt says move aimed at protecting genuine exporters

OpIndia Staff -
According to an analysis done by the Department of Commerce, 98% of the exporters who claim MEIS will be unaffected by the changes
Government and Policy

Union govt makes it mandatory for sellers to mention of ‘Country of Origin’ of products in Government e-Marketplace

OpIndia Staff -
The platform has also enabled a provision for indicating the percentage of local content in products in order to promote local goods.
News Reports

PMO seeks product-wise details of Chinese imports, commerce ministry suspects China is routing its products through other countries

OpIndia Staff -
A high-level meeting took place at the prime minister’s office to discuss ways to promote Atmanirbhar Bharat and cut import dependency on China.
News Reports

Coronavirus: India enforces an absolute ban on the export of hydroxychloroquine, several nations send requests for supply as global demand rises

OpIndia Staff -
India is the largest producer of hydroxychloroquine in the world. The Commerce Ministry, in a notification dated 4 April, has enforced an absolute ban on the export of the drug.
News Reports

We are ‘too small’ to take retaliatory action against India’s palm oil import curb: Malaysian PM Mahathir Mohammad

OpIndia Staff -
Malaysian PM said at the U.N. General Assembly last month that India had 'invaded and occupied' Kashmir, following which India’s top vegetable oil trade body had asked its members to stop buying oil from Malaysia
Government and Policy

Commerce Ministry recommends lowering limits on import of duty-free alcohol and tobacco, is it contrary to global norms?: Here are the facts

OpIndia Staff -
The Commerce Ministry has reportedly recommended a restriction on the purchase of tax-free alcohol at duty-free shops to one bottle
News Reports

Amidst price rise and shortage, government bans onion export

OpIndia Staff -
The government has ordered that the export of all varieties of onions are banned with an immediate effect.
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