Posts

T Expansion of India – Chile Preferential Trade Agreement (PTA) An agreement on the expansion of India–Chile Preferential Trade Agreement (PTA) was signed between India and Chile in a meeting held between Ms. Rita Teaotia, Commerce Secretary and Mr. Andrés Barbé González, Ambassador, Embassy of Chile on 6th September, 2016. A Preferential Trade Agreement (PTA) between India and Chile was earlier signed on March 8, 2006 and came into force with effect from August, 2007. In the original PTA concluded in March 2006, India’s offer list to Chile consisted of 178 tariff lines the Margin of Preference (MoP) ranging from 10%-50% at 8-digit level and Chile’s offer list to India consisted of 296 tariff lines with MoP ranging from 10% - 100% at 8-digit level. Under the expanded PTA, Chile has offered concessions to India on 1798 tariff lines with Margin of Preference (MoP) ranging from 30%-100% and India has offered concessions to Chile on 1031 tariff lines at 8-digit level with MoP rang...
“The hard working Farmer is our Anna Data. Our schemes and initiatives are aimed towards bringing a qualitative change in the life of the farmer, one that will play a key role in Transforming India” – Prime Minister Narendra Modi Agriculture, with its allied various sectors, is undeniably the largest livelihood provider in India. It also contributes significantly to the Gross Domestic Product (GDP). The government has taken many initiatives to support the farmers and modernize the sector, which has led to a renewed revitalization of the Indian agriculture scenario.  Prime Minister Shri Narendra Modi recently acknowledged the fervor of our farmers by stating, “even the drought has not dampened the spirits of our farmers. Our total food grain output in 2015-16 estimated at 252. 23 MT, which shows we had a fruitful harvest.” “Food grain production has remained much higher, and wholesale price based food grain inflation much lower, than in the last comparable drought year, whi...
“Quality infrastructure propels growth. It connects people, brightens their lives and brings India closer to the world.” - Prime Minister Narendra Modi Building Infrastructure that befits the aspirations of a modern India is perhaps the most important task in front of any government. However, unlike many other countries that climbed the ladder of growth, India presents a rather unique challenge.  On the one hand it has still to solve legacy infrastructure issues of twentieth century and on the other it also aspires to match, or in some cases indeed exceed, the infrastructure capabilities of the most developed nations  in the twenty first century. So while there were still more than 18,000 villages that were unelectrified since Independence, India was also simultaneously successfully erecting the world's largest Direct  Benefit Transfer regime. How has the government fared on these two, sometimes complimentary, sometimes competing, priorities? Consider the following. ...
PM’s Inaugural Address at the Maritime India Summit, 2016   Hon. Governor of Maharashtra; Hon. Chief Minister of Maharashtra; His Excellency Mr. Kim Young- Suk ,   Minister of the Republic of Korea Our Union Minister for Shipping, Mr.   Nitin   Gadkari Other Dignitaries on the dais; Delegates, Ladies and Gentlemen! I have great pleasure in being with you and welcoming you at the Maritime India Summit. This is the first time that a global event of such a large scale is being   organised   by India. I extend a warm welcome to all the esteemed guests attending this event in the maritime hub of India. I am sure, this event; together with the seminars and exhibition, will showcase the emerging trends and opportunities in the maritime sector. We all know that oceans cover more than seventy percent of the Earth's surface. We also know that oceans contain ninety-seven percent of the Earth's water. Therefore, maritime transport can be the most ex...
The Prime Minister Launched National Agriculture Market   21 Mandis from 8 States have been Linked to National Agriculture Market   200 mandis will be Linked within five Months and 585 Mandis by March, 2018.   Various Schemes Initiated to Double Farmers Income in next Five Years.   The Prime Minister, Shri Narendra Modi, launched the pilot of e-NAM - the e-trading platform for the National Agriculture Market here today. On the occasion he said that the initiative will usher in transparency which will greatly benefit the farmers. Shri Narendra Modi said this is a turning point for the agriculture community and the agriculture sector has to be looked at holistically, and it is only then that maximum benefit of the farmer can be ensured.   On the occasion Union Agriculture and Farmers Welfare Minister, Shri Radha Mohan Singh said here today that the Government is working hard for the welfare of the farmers and launch of National Agriculture Market is a step in ...
India to ratify COP 21 Global Climate Agreement on April 22 - Prakash Javadekar Our thrust is on adopting clean Coal technologies : Piyush Goyal Reasserting India’s commitment to carbon emission reduction and sustainable development, Union Environment, Forests & Climate Change Minister Mr. Prakash Javadekar today said India, along with 100 other nations would ratify the COP 21 Global Climate Agreement on April 22. COP 21 would be ratified at a high level signing ceremony to be convened at the UN Headquarters in New York. The agreement, negotiated in Paris in December 2015, sets out a global action plan to put the world on track by limiting global warming below 2 degree Celsius. Speaking at a Symposium “COP 21 – Building Synergies, Shaping Actions” organized in the University of Mumbai, Mr Prakash Javadekar said “all countries have decided to walk the green path as per their common but differentiated responsibilities”. He described the Paris agreement as a victory o...