Commerce & Industry Minister Piyush Goyal said that the agenda for WTO reforms should be balanced and inclusive, to address the historic asymmetries in the Uruguay Round Agreements.
Finance Minister Nirmala Sitharaman hasrepeatedly assured Bankers that adequate measures would be taken to protect honest commercial decisions taken by them and distinction would be made between genuine commercial failures and culpability, said an official release on Tuesday.
“Employing more than 40% of India’s workforce, the MSME sector of India is one of the primary pillars of the Indian economy, contributing to nearly 30% of the country’s GDP.
Despite the phase one trade deal with China, many U.S. consumers are starting to feel the effect of higher tariffs.
The war of words between the textile industry and Power Division remains in full swing on the imposition of taxes, surcharges and recovery of positive fuel price impact.
Readymade garment manufacturing groups with multiple companies but one tax identification number are facing troubles in getting registration numbers required for the units for enabling automated certification system for European Union GSP due to an EU regulation.