Conditional exemption to exporters under the Essential Commodities Act, 1955
The Union Cabinet yesterday approved exemption to exporters having IEC Code issued by DGFT from the purview of stock holding limits under the Essential Commodities Act, 1955 with respect to edible oilseeds, edible oils and rice. This will help exporters benefit from economies of scale and bigger operation for optimally meeting export demands on a… Read More
Tags: Business, Cabinet of India, Cooking oil, DGFT, Essential Commodities Act, Export, Food and Related Products, Grains and Legumes, Import and Export, Investing, Taiwan, Union Cabinet, Vegetable oil
MoU with China to Address Trade Deficit
India and China have signed MoUs /Agreements to promote Indian exports to China during the visit of Premier Mr. Li Keqiang to India in May 2013. Details are given below: (i) MoU for the Export of Buffalo Meat from India to China entered into between the Agricultural and Processed Food Products Export Development Authority (APEDA) and the General Administration of Quality Supervision, Inspection and… Read More
Tags: April-June, Balance of trade, China, Import and Export, India, Marine Products Export Development Authority, May 2013, United States Department of Commerce
Review of Trade of Agricultural Goods
As per UNCOMTRADE data, India™s share in global agricultural trade is 1.67% during 2011. India™s share in world agricultural trade is relatively low. The small share is primarily on account of very high domestic consumption, low land holding size, low productivity, constraints of supply chain and marketing linkages as well as low level of processing. Moreover,… Read More
Tags: Agriculture, Annexation, Business, Export, Import and Export, India, Lok Sabha, Ministry of Commerce & Industry
Schemes Implemented by MPEDA to Boost Export
The Government established The Marine Products Export Development Authority (MPEDA) in 1972 to promote the export of marine products. MPEDA has taken appropriate steps to boost export by effectively implementing a number of schemes. The details of the schemes are mentioned in the Annexure. The details of exports are given below:- TOTAL EXPORT OF MARINE PRODUCTS… Read More
Tags: Annexation, Business, Export, Import and Export, India, Marine Products Export Development Authority, MPEDA
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