Ministry of Commerce and Industry Current Affairs - 2020

United States continues to be the Top Trading Partner of India in 2019-20

As per the data from the Union Ministry of Commerce and Industry, the United States remains as the top trading partner of India during the Financial Year 2019-20. This is the second consecutive Financial Year that the United States has become the top trading partner of India (in Financial Year 2018-19 United States surpassed the Read More…

National Startup Advisory Council setup to boost Startups and Innovations

On January 22, 2020, the Union Ministry of Commerce and Industry has setup National Startup Advisory Council. The council will suggest ways to build strong start ups in the country. It is being set up to reduce the time spent on tax compliance to less than one-hour a month and to boost the availability of Read More…

DPIIT invites applications for first ever National Startup Awards 2020

The Department for Promotion of Industry and Internal Trade (DPIIT) under the Union Ministry of Commerce and Industry has announced institution of first ever National Startup Awards. The award was launched by Piyush Goyal, Union Minister for Commerce and Industry and Railways. The applications for the awards are open till 31 December 2019. About National Read More…

Global Exhibition on Services-2019 organised in Bengaluru

Piyush Goyal, Union Minister of Commerce and Industry & Railways inaugurated the Global Exhibition on Services (GES) 2019 in Bengaluru, Karnataka. The year 2019 is the 5th edition of GES. The inaugural function was also attended by Chief Minister of Karnataka B. S. Yediyurappa. About Global Exhibition on Services (GES) GES is an annual event Read More…

DPIIT establishes Development Council for Bicycle

Department for Promotion of Industry and Internal Trade (DPIIT) under Union Ministry of Commerce and Industry has set up a Development Council for Bicycle. The council has been constituted for a period of two years. It will stimulate value chain and fuel accelerated demand growth of Make-in-India. About Development Council for Bicycle Mandate: It has Read More…