piyush goyal Archives

Government extends incentives to exports via couriers – Times…

13 September 2024
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MUMBAI: In an attempt to boost exports, govt has extended incentives such as tax refunds and drawback to shipments made via courier with immediate effect, while also launching two key digital platforms.
There are also plans to extend these benefits to postal route exports, creating a more equitable environment for e-commerce exporters utilising the courier and postal mode, added a commerce ministry statement.
As part of ease of doing business reforms, the ministry launched two digital platforms – Jan Sunvai and Enterprise Resource Planning (ERP) portal – aimed at providing online access to all the services and resolution of grievances, following a Board of Trade meeting in Mumbai.
“With the launch of Jan Sunvai, no one will have to come to govt offices anymore for grievances or clarifications. They can simply access everything through the platform, including video conferencing for resolving queries related to licences and more,” said commerce minister Piyush Goyal.
Enterprise Resource Planning (ERP) portal is designed to manage claims, grievances, and policy information efficiently.

Science & Environment

Govt To Drive Economic Growth Via Robust Partnerships With…

13 September 2024
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New Delhi: Union Commerce and Industry Minister Piyush Goyal on Friday reaffirmed the government’s commitment to drive economic growth through robust partnerships with state governments. Chairing the third meeting of the reconstituted Board of Trade here, the minister emphasised that government initiatives are instrumental in guiding India towards a more transparent, efficient, and sustainable trade environment, benefiting the country’s broader economic landscape.

He also launched the Department of Commerce’s Jan Sunwai Portal, designed to streamline communication between stakeholders and authorities, providing a direct and transparent channel for addressing trade and industry-related issues. The portal offers on-demand video conferencing services, in addition to fixed video conference links for regular, scheduled interactions.

According to the ministry, the portal’s accessibility extends across various offices and autonomous bodies under the Department of Commerce, such as the DGFT, Coffee Board, Tea Board, Spices Board, Rubber Board, APEDA, MPEDA, ITPO and EIC.

The minister also held discussions centred around critical initiatives aimed at fostering employment across states and enhancing the role of the Department of Commerce in promoting state-level economic growth.

The session also featured interactive presentations from the state governments of Uttar Pradesh, Karnataka, Tamil Nadu, Telangana and Madhya Pradesh, showcasing their achievements in export promotion and ease of doing business, interventions, and ongoing state-level initiatives. Ministers from 10 state governments attended the session.

The minister Goyal also inaugurated ECGC’s new online service portal, alongside a revamped in-house SMILE-ERP system. These innovations mark a significant leap towards paperless processing and faceless service delivery, benefiting both exporters and bank, said the ministry.

“ECGC’s embrace of digital solutions underscores its unwavering commitment to innovation, operational excellence, and customer satisfaction, ensuring world-class services for Indian exporters,” the ministry noted.

Science & Environment

Piyush Goyal Takes Charge of Commerce Ministry – News18

11 June 2024
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Union minister Piyush Goyal. (News18)

Piyush Goyal also reviews the working of the two departments – commerce and DPIIT with all the senior officials

Senior BJP leader Piyush Goyal on Tuesday took charge of the Commerce and Industry Ministry and said it will work to promote the country’s economic growth. Jitin Prasada also assumed charge as the Minister of State for Commerce and Industry.

Goyal said the ministry is committed to making India a Vikshit Bharat by 2047.

Goyal took charge of the ministry for the second time.

The commerce minister, who won his first Lok Sabha elections from Mumbai North constituency by a margin of over 3.5 lakh votes, took oath as the Cabinet Minister on June 9.

The ministers also reviewed the working of the two departments – commerce and DPIIT with all the senior officials here.

Goyal is taking charge at a time when India’s merchandise exports declined by 3.1 per cent to USD 437 billion, and a 3.5 per cent contraction was recorded in the foreign direct investments (FDI) into India in 2023-24 due to global economic uncertainties and a slowdown in demand.

FDI declined to USD 44.42 billion in the last fiscal from USD 46 billion in 2022-23.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experi…Read More

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Government extends incentives to exports via couriers – Times…

Govt To Drive Economic Growth Via Robust Partnerships With…

Piyush Goyal Takes Charge of Commerce Ministry – News18

Piyush Goyal also reviews the working of the two departments – commerce and DPIIT with all the senior officials