Ministry of Commerce and Industry Current Affairs - 2020

Arunachal: First International Buyer-Seller Conference of Agriculture

The first buyer seller meet on horticulture and agriculture produce for the state was held in Arunachal Pradesh. It was organized by APEDA-Agricultural and Processed Food Products Export Development Authority, Ministry of Commerce and Industry Highlights of the event International buyers from 7 countries participated in the meet. It includes Nepal, Bhutan, Indonesia, Bangladesh, Oman, Read More…

World Customs Organization recognised HS Code for India’s Signature Fabrics-A Boost for Khadi Exports

The Ministry of Commerce and Industry has allocated separate HS code for signature fabric of India. HS stands for Harmonized System and was developed by the World Customs Organization (WCO). The code is used by customs officers to clear commodities entering or crossing international border. HS Code It is a multi purpose International Nomenclature that Read More…

Rising Himachal Global Investors’ Meet 2019

The State Government of Himachal Pradesh is organizing Rising Himachal Global Investors’ Meet 2019, a flagship business event, at Dharamshala on 7 -8 November 2019. The event will be attended by diplomats, leaders from senior policy makers, corporate sector development agencies and investors from across the globe. The event will also be attended by Union Read More…

Wholesale Inflation increases in February

The Wholesale Price Index is released by the Office of Economic Advisor (OEA), Department of Industrial Policy and Promotion, Ministry of Commerce and Industry. Wholesale Price Index February 2019 Inflation based on wholesale prices rose to 2.93% in February over January 2019 due to hardening of prices of primary articles, fuel and power. Wholesale Price Index (WPI) Read More…

Foreign Direct Investment to India

The Ministry of Commerce and Industry has released the data related to the Foreign Direct Investment (FDI) inflows during April-September 2018-19. The important aspects from this data: The Foreign direct investment (FDI) into India was declined by 11 per cent to USD 22.66 billion during April-September period of 2018-19. The FDI inflows during April-September 2017-18 Read More…