Government to set up Trade Facilitation Council to promote exports
Source: PTI Concerned over declining exports, the government will soon set up a Trade Facilitation Council comprising members of Centre and states to promote India's overseas shipments. The council will be chaired by Commerce and Industry Minister Nirmala Sitharaman and secretaries of key ministries and state ministers will be the members. The main objective of the council will be facilitating trade from states in a bid to boost the country's exports. "The real work happens in states. We are setting up this council. We will also ask and encourage them to formulate their own State Trade Policy," an official said. To discuss the issue, Commerce Secretary Rita Teaotia will hold meetings with officials from the states tomorrow. The other issues which ...
Notification on EXIM Code 1005 Maize (Corn)
Dated December 10, 2014 | Policy Circular No. 14 – (RE-2013/2009-2014) | Subject: Keeping in abeyance the Notification No. 93 dated 29.09.2014 in respect of item at EXIM Code 1005 Maize (Corn) The Notification No. 93 (RE-2013) dated 29.09.2014 has, inter alia revised the Import Policy for EXIM Code 1005 – Maize (Corn) (1005 90 00 – Other), removing the item from the “State Trading Enterprises” list to “free”. The notification, however, has been challenged before the Hon’ble High Court of Andhra Pradesh and Telengana at Hyderabad in WP No.34771 of 2014 and in pursuance of the prayer im WPMP no. 43494 of 2014, the Hon’ble High Court passed interim order dated 21.112014, maintaining status quo by both parties till ...
