Ram Mohan Mishra, Additional Secretary and Development Commissioner, Ministry of MSME, while speaking at an industry seminar batted for public-private-partnership (PPP) models between government and industry in order to mitigate credit risk factor for MSMEs, reported KNN India.
India’s commerce ministry has reportedly circulated a cabinet note to phase out the Merchandise Exports from India Scheme (MEIS) and shift to a regime more compatible with the World Trade Organisation (WTO), as many nations have challenged India’s export ‘subsidy’ schemes.
Rajkot/Surat: The rollback of Merchandise Export from India Scheme (MEIS) will hit the textile sector in Gujarat hard, as the sector is already facing slowdown due to the implementation of the goods and service tax (GST).
Collection from the goods and services tax (GST) was above Rs 1 trillion in July, mainly on account of higher mop-up under the integrated GST.
Mumbai: The rupee on Friday declined by 26 paise to 69.32 against the US currency in early trade, due to strong dollar demand from banks and importers amid unabated foreign fund outflows.
NEW DELHI: Guruprasad Mohapatra, an Indian Administrative Service (IAS) Officer of 1986 batch on Thursday assumed charge as secretary, Department for Promotion of Industry and Internal Trade (DPIIT).