Search Result for : Tobacco Exports

The Dollar Business Bureau The government is planning to merge all the commodity boards and establish an umbrella organisation, a decision aimed at improving production and exports of crops such as coffee, tea and spices. The Ministry of Commerce pointed out that some of these commodity boards were established prior to independence, but their merger could harmonise their activities, leading to enhanced exports. The five commodity boards are responsible for output, development and outbound shipments of coffee, rubber, spices, tea and tobacco. “India has a huge potential to boost agri exports. One board will provide better services. So, we are working to form one specialised body with different verticals,” according to a senior commerce ministry. The Coffee Board was constituted in accordance with the Coffee ...

The Dollar Business Bureau The High Court on Monday asked the government’s reaction on a plea seeking quashing of a notification issued by India’s Health Minister Jagat Prakash Nanda on printing 85% pictorial warning on tobacco products. The government was asked by Chief Justice G Rohini and Justice Jayant Nath to respond by May 18, on the petitions submitted by Dharampal Satyapal Ltd and others. They were seeking quashing of two notices issued on October 15, 2014 and September 24, 2015 issued by the ministry. "The impugned notification regarding amendment to the Cigarettes and Other Tobacco Products (packaging and labeling) Rules, 2008 (COTPA) envisages modification to increase the size of specified health warning from the current size of 40% to ...

Source: PTI Beedi manufacturers across India on Thursday joined cigarette makers in stopping production, saying it's "not possible to print" warnings covering 85 per cent of packets as required under a new government rule. All India Beedi Industry Federation, a body of over 240 manufacturers controlling over two-third of total branded beedi production, said the loss due to stopping production will be around Rs 200 crore daily. "We are supporting the cigarette industry on this issue. The shutting down of beedi production meant for the domestic market will lead to a daily loss of Rs 200 crore," AIBIF Member Arjun Khanna told PTI. A notification by the Health Ministry on September 24, 2015, for implementation of the Cigarettes and other Tobacco Products (Packaging and Labeling) ...

Deepak Kumar | The Dollar Business Weak global demand and shortfall in domestic production have led to a steep fall in India’s export of agricultural products in the past few months, say experts. In September this year, the export of 8 out of 10 key agricultural products witnessed a negative growth with cereals registering the steepest decline of almost 64%, the latest government data showed. Industry experts have attributed the downward trend to the weak demand in the European market, devaluation of Chinese yuan and lesser domestic production. “Several factors including devaluation of yuan and market crisis in the European Union have led to a considerable fall in exports. Domestic production has also been hit. Overall we are seeing a decline; both ...