The Indian government is setting up logistic hubs near sea ports with private sector participation to address several challenges related to receiving shipments and also inland transportation of goods. The government is also trying to make electronic data interchanges at major ports that are completely under the control of the Central government.
Tag: Nirmala Sitharaman
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Make in India Exhibition extravaganza
The first Make In India Week was held in Mumbai and was the biggest ever show of the country´s manufacturing prowess. With a business commitment of Rs.15.20 lakh crore in investments, the Make In India
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Incentives given to exporters to help boost shipments: Nirmala
A host of incentives including extension of 3 per cent interest subsidy will help in boosting exports, which are in negative zone since December last year, Commerce and Industry Minister Nirmala Sitharaman said.
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India invites Arab capital in infrastructure
India has invited members of the 22-nation League of Arab States to invest in the country, notably in the infrastructure space, while also calling upon them to benefit from the ´Make in India´programme of Prime Minister Narendra Modi.
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US gives infra initiative draft MoU
India and the US have identified areas where the two countries can start immediate collaboration, which include investment, cluster-related initiatives, investment summit and identification of projects
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New FM seeks separate paper on GST
The new Union Finance Minister Arun Jaitley has asked the revenue department for a separate presentation on the proposed tax reform towards Goods and Services Tax (GST). Expenditure, revenue and disinvestment departments had made presentations to the minister on 28 May.
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