Indias urea imports decline 23% in April-May
The Dollar Business Bureau India’s urea imports had declined by 23 percent in April-May this year. The imports in April-May were at 7.71 lakh tonnes compared to 10.03 lakh tonnes in the same period year before. Last financial year, urea imports were at 84.74 lakh tonnes, a drop of 3.41 percent, due to higher domestic output. Official data records show India’s urea imports stood at 87.49 lakh tonnes in the fiscal of 2014-15. The production of urea reached its highest ever capacity of 245 lakh tonnes in 2015-16, a surge of 20 lakh tonnes from the previous output in 2014-15. Last year, neem coated urea was made compulsory by the government, as it works as an insecticide and is beneficial to the soil. ...
DGFT Notification - Export Policy of Rice
Dated October 7th, 2015 | Copy of | Notification No.23/2015-2020 | In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment, with immediate effect, in Chapter 10 of Schedule 2 of ITC (HS) Classification of Export & Import Items relating to export of rice: 2. The existing entries against Sl.No.55, 56 & 58 of Chapter 10 of Schedule 2 of ITC(HS) Classification of Export & Import Items are replaced as under: Chapter 10 Cereals Note 1 Export of wild variety of wheat and paddy seed is restricted. See chapter 12 ...
The list of STEs notified by DGFT is in Appendix 2 J
APPENDIX- 2 J List of State Trading Enterprises (STEs) forFTP Purpose S. N STATE-TRADING ENTERPRIESES 1. Food Corporation of India(FCI) 2. State Trading Corporation (STC) 3. Indian Oil corporation (IOC) 4. Bharat Petroleum Corporation Ltd. (BPCL) 5. Hindustan Petroleum Corporation Ltd. (HPCL) 6. Oiland Natural Gas Corporation Ltd.(ONGC) 7. Minerals and Metals Trading Corporation (MMTC) 8 Indian Potash Ltd. (IPL) 9. National DairyDevelopmentBoard (NDDB) 10. National Cooperative Dairy Federation(NCDF) 11. National Agriculture Cooperative Marketing Federation of India Ltd (NAFED) 12. Projects and Equipment Cooperation of India Ltd.(PEC) 13. Spices Trading Corporation Limited (STCL) 14. Central Warehousing Corporation (CWC)
