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Govt in its mid term FTP 2015-20 review announces new measures to boost trade

Related Keywords: announced a slew of new measures, boost trade facilitation, ease of doing business, FTP 2015-20, Indian government, leverage long term advantages of GST, mid-term review of Foreign Trade Policy, terms of reduced compliance and logistic costs, Union Commerce and Industry Minister

The Indian government in its mid-term review of Foreign Trade Policy (FTP) 2015-20 has announced a slew of new measures will be boost trade facilitation and ease of doing business. Union Commerce and Industry Minister Suresh Prabhu said that mid-term review of FTP will leverage the long term advantages of GST in terms of reduced compliance and logistics costs.

Also the MEIS incentives for two sub-sectors of textiles - ready-made garments and made-ups - have already been increased to 4 per cent from 2 percent, with an additional annual incentive of Rs 2,743 crore.

Odisha govt coming up with apparel guidelines to boost textile sector

Related Keywords: boost textile sector, create more employment, ease of doing business, effective implementation, facilitate opening up of apparel units, Odisha Apparel Policy, Odisha state government, operational guideline, parks, powerlooms, skill development centres and more. improve investment opportunity, Spinfed, spinning mills

Odisha state government has come up with an operational guideline for effective implementation of the Odisha Apparel Policy, 2016. Under the policy, the state government will facilitate opening up of apparel units, parks, skill development centres and more. An attempt made by the government to improve investment opportunity and create more employment in the state.

China desk for investment and ease of doing business to be set up in AP

Related Keywords: Andhra Pradesh, Brandix with CCCT, by manufacturer and supplier of apparels, develop Smart cities, ease of doing business, five B2B MoUs, for investment, set up dedicated China desk, signed six Government-to-Business MoUs

The Andhra Pradesh, Chief Minister N. Chandrababu Naidu on the third day of his tour to China on Tueday during a roundtable on Business Opportunities announced that the State would setting up of a dedicated China desk for investments and ease of doing business, behinds signing six Government-to-Business MoUs.

Inviting the Chinese to make Amaravathi their second home after Beijing, he observed that this was the right time to do business in India.
Following the round-table, five B2B MoUs and six G2B MoUs were signed.

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