Search Result for : Trade And Industry

By Ranjit Mahtani & Sweta Rajan After 17 years of preparation and 18 meetings of the GST Council, a single unified Goods and Services Tax (GST) in India is today a reality. In a momentous launch at the Central Hall of the Indian Parliament with a speech by the Finance Minister and the Prime Minister of India, the GST regime was ushered in at the stroke of midnight on July 1, 2017. While the mammoth task for the Central and State Governments has just concluded, as far as trade and industry are concerned, the journey has only just begun. GST, in the form that it has been introduced in India, may not be perfect; however, it is the reality, and trade and ...

The Dollar Business Bureau India can play a critical role in building an innovation led entrepreneurial culture in Africa and fuel economic growth in the region, African leaders said. “India has great inspiring entrepreneurs like Tatas, Ambanis, and the Adanis. As a result, India is today seen as a top destination for innovation, R&D and technology development,” said Ghana’s Minister of Trade and Industry Ekwow Spio-Garbrah. The minister was addressing the India Africa Business Forum on ‘Empowering Entrepreneurial Ecosystem in Africa by leveraging Indian Innovation, Science and Technology’ in New Delhi on Thursday. The event was held on the sidelines of the four-day India-Africa Forum Summit. Describing India as “a top destination for innovation, R&D and technology development”, leaders at the forum ...

The Dollar Business Bureau The government has proposed two institutional mechanisms for addressing issues of exporters and for regular communication with stakeholders, said Commerce Minister Nirmala Sitharaman. The minister informed the Lok Sabha  on Friday that  the ‘Board of Trade’ will have an advisory role and offer a platform for discussions and consultation while the other institution, ‘Council for Trade Development and Promotion’, will act as a body to representatives of the central government and various states and union territories governments. Meanwhile EPCs and other industry bodies like FIEO, etc, will be continued as specialised institutions. “Product/sector specific export promotion councils and various industry and trade bodies will continue to be the specialised institutions available for consultation from time ...