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China promises to address trade deficit concerns: India

March 28th, 2018 | APTSO EXPORTS™ | Tags: ,

  Amid heightened tensions of a trade war between the US and China, China on Monday promised India to address the high trade imbalance between the two countries. Chinese Minister Zhong Shan welcomed Indian investment in China and promised to address the trade deficit between the two countries, commerce and industry ministry said in a statement on Monday. Shan, who is China’s minister of commerce, co-chaired the 11th meeting of India-China Joint Group on Economic Relations, Trade, Science and Technology here with commerce and industry minister Suresh Prabhu. Shan’s statement […]

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NITI Aayog to work on mechanism for MSP implementation

March 12th, 2018 | APTSO EXPORTS™ | Tags:

Government think tank NITI Aayog today said it will work out a mechanism for implementation of the Minimum Support Price (MSP) for different crops in the country. In light of the Finance Minister’s budget announcement that NITI Aayog will develop and put in place a fool-proof mechanism, its vice chairman Rajiv Kumar presided over a consultation meeting today on mechanism for MSP implementation for different crops, the Aayog said in a statement. Source: The Economic Times

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New industrial policy in next few weeks

March 12th, 2018 | APTSO EXPORTS™ | Tags:

Commerce Minister Suresh Prabhu today said new industrial policy will be announced in the next few weeks, which will focus on new industries that will drive future growth of the country. There is a great opportunity for partnerships between India and France across various areas, Prabhu said at the Indo-French Economic Partnership signing ceremony. ..In the ministry of commerce and industry, we have already identified few sectors which we think will be the new thrust sectors of India. We are modernising our existing industry… the new industrial policy which will […]

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