Clipped from: https://www.businesstoday.in/latest/corporate/story/ecgc-assures-exporters-against-increase-in-insurance-premium-despite-covid-disruptions-308211-2021-10-01 ECGC CMD M Senthilnathan says all payable claims will be duly paid and that it has enough financial resources to meet any increase
Category: EXIM
PLI norm for EVs: Too big at birth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/pli-norm-for-evs-too-big-at-birth/articleshow/86659075.cmsSynopsis The rule that existing automakers will need to make new investments of Rs 2,000 crore to qualify for the PLI scheme is too
Breaking: Cabinet approves Rs 4,000 cr investment in ECGC in 5 years – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/cabinet-approves-rs-4000-cr-investment-in-ecgc-in-5-years-307966-2021-09-29 The move will help create 59 lakh new jobs. Capital infusion and planned IPO will increase ECGC’s underwriting capacity up to 88,000 crore
ftp: Industry may find $400 billion exports target a struggle with the FTP extended till March 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/industry-may-find-400-billion-exports-target-a-struggle-with-the-ftp-extended-till-march-2022/articleshow/86580048.cmsSynopsis The FTP is a set of guidelines and instructions by DGFT pertaining to the import and export goods of India. Its aim has
PLI scheme for textiles sector: Only mfg firms registered in India to be eligible for sops – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-scheme-for-textiles-sector-only-mfg-firms-registered-in-india-to-be-eligible-for-sops/article36707327.ece?homepage=true Only one company of a group will be allowed to be registered for PLI for Textiles Only manufacturing companies registered in India will
PLI scheme: Auto component companies hope to pare imports | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-auto-component-companies-hope-to-pare-imports-121092701377_1.html It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in
India Exports: India’s agri exports are rising. But its export basket leaves one hungry for more – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-agri-exports-are-rising-but-its-export-basket-leaves-one-hungry-for-more/articleshow/86574099.cms SynopsisThe country has to bring in structural changes to improve the situation in agriculture. High-yielding varieties and superior post-harvest management can make the
PLI scheme: Auto component companies hope to pare imports | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-auto-component-companies-hope-to-pare-imports-121092701377_1.html It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in
Tariffs & strategy: China can be countered by getting global value chains to shift here. But we have high trade costs
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/tariffs-strategy-china-can-be-countered-by-getting-global-value-chains-to-shift-here-but-we-have-high-trade-costs/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
PIL petitioners must do their homework, can’t just ask for everything under sun: SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/pil-petitioners-must-do-their-homework-cant-just-ask-for-everything-under-sun-sc/articleshow/86555482.cmsSynopsis A bench of Justices D Y Chandrachud and B V Nagarathna refused to entertain a PIL seeking direction for implementation of the National
How to boost export of high-end products – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-boost-export-of-high-end-products/article36592657.ece?homepage=true Lowering duties on inputs, inviting investment by large firms in critical products and eschewing pure assembly, will help Just a few decades back,
Focus on agri-exports | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/focus-on-agri-exports-121092101502_1.html The pandemic-driven bonanza will not last The government’s reported plan to reintroduce transport and marketing support for agricultural exports is a timely move. It will
A stalled growth engine | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-stalled-growth-engine-121092101494_1.html Household debt-fuelled growth is not sustainable The question of whether private consumption demand, particularly from households, can fuel India’s post-pandemic growth revival is
Putting India’s exports on a sustained growth path – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/putting-indias-exports-on-a-sustained-growth-path/2334797/ The government needs to invest in transport and logistics rather than rely on ad hoc export promotion measures, which have failed to boost
Demand Seen: Loan guarantee scheme to stay through FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/economy/demand-seen-loan-guarantee-scheme-to-stay-through-fy22/2334991/ “There is also a chance that initially, it may be extended by three months through December 2021, which could be followed by another
Auto majors must take advantage of sops: Arun Goel – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/auto-majors-must-take-advantage-of-sops/article36572696.ece?homepage=true We don’t look at one particular company. We are supporting the entire industry, Says Arun Goel, Secretary, Ministry of Heavy Industries Our Bureau The
Hitting the road with a sensible incentive scheme for auto sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/auto-pli-scheme-gives-a-crucial-supply-push-to-evs-complementing-fame-but-needs-fine-tuning/article36502369.ece The much-needed push for EVs needs aome tweaking The much-needed push for EVs needs aome tweaking× Auto PLI scheme gives a crucial supply
exports: These engines of exports are dying: How a key export scheme fell apart – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/these-engines-of-exports-are-dying-how-a-key-export-scheme-fell-apart-eou/articleshow/86219618.cms SynopsisEOUs were the shining stars in India’s export galaxy until SEZs outshone them. The government has to update and upgrade the relevant policies
View: Why India must grab a bigger share of the global trade pie – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/make-india-ship-again/articleshow/86240686.cmsSynopsis To assess the sustainability of this export boom, and certainly before concluding that this is the dawn of a new regime, a couple
Aided by robust performance across sectors, August exports up 45.76% to $33.28 bn – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/aided-by-robust-performance-across-sectors-exports-in-august-up-4576-to-3328-bn/article36454615.ece?homepage=true Robust performance across sectors such as engineering goods, petroleum products, gems & jewellery, marine products, electronics and textiles helped India’s total goods exports