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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.

Related Keywords: against a select Chinese polyester yarn, alleging dumping of the yarn, asked for an investigation into the matter, coated fabric and conveyor belt fabric, complaints from SRF Ltd and Reliance Industries, DGAD, Indian government, probing anti dumping allegations, ropes, seat belt webbing, slings, yarns are used for manufacture of tyre cord fabric

The Indian government is probing anti dumping allegations against a select Chinese polyester yarn following the complaints from SRF Ltd and Reliance Industries alleging dumping of the yarn and asked for an investigation into the matter.

The investigation will cover the period from April 2016 to March this year. These yarns are used for manufacture of tyre cord fabric, seat belt webbing, slings, ropes, coated fabric and conveyor belt fabric.

Related Keywords: from Nepal, guarantees duty free acces, hessian jute fabric, India largest importer of Nepal jute products, Indian government, jute export to India halted, jute products, jute products like jute sacks, jute traders, Nepal-India Trade Treaty, released notification to levy excise duty, Sri Lanka and Maldives, started enforcing from mid December

Indian government had released a notification to levy excise duty on jute products from Nepal, Sri Lanka and the Maldives in 2015, it only started enforcing the notification from December 15 last year, according to jute traders.

Following, the enforcement of the excise duty of 12.5 percent on different jute products like jute sacks and hessian jute fabric. Nepali traders said that jute export to India has been halted completely for more than three weeks

Related Keywords: buy new machinery for the factory, compete with other companies, currently machines at factory are forty years old, experencing frequent breakdown, increase its production, India to support various fields, Indian government, offer technological transfer, provides loan, Rift Valley Textile East African limited, through Exim Bank

Indian government through the Exim Bank has provided the Rift Valley Textile (Rivatex) East African Limited a Sh3 billion loan to buy new machinery for the factory.

Speaking on Saturday after visiting the Rivatex factory in Eldoret, the Indian High Commissioner to Kenya Suchitra Durai further assured that India will continue supporting various fields at the factory adding that they will offer technological transfer in some areas to the Rivatex factory.

Related Keywords: below normal value, cheap inbound shipments, DGAD during investigation, exported from China, impose anti dumping duty, Indian government, mulberry raw silk from China, multilateral World Trade Organization regime, protect domestic silk industry

The Indian government to protect silk domestic industry from cheap in-bound shipments of mulberry raw silk from neighbouring country, China is likely to impose anti-dumping duty of $1.85 (approx. Rs.122) per kg. The directorate general of anti-dumping and allied duties (DGAD) during its investigation has concluded that “mulberry raw silk of grade 3A and below” has been exported to India from China below its normal value and due to which, the domestic industry has suffered “material injury”.

Related Keywords: below MSP, cotton farmers better realisation, current cotton season, Direct payment deficiency system, Hinganghat in Wardha district of Maharashtra, Indian government, International Cotton Advisory Committee Plenary Meeting, launch the pilot of DPDS, market rate rules, theme From Farm to Fabrice

The Centre is planning to launch the pilot of Direct Payment Deficiency System (DPDS) during the current cotton season at Hinganghat in Wardha district of Maharashtra to help the cotton farmers have better realisation of their produce when market rate rules below the minimum support price (MSP). If the pilot is successful, the DPDS will be rolled out in all cotton-growing regions.

Under this system, the farmers will directly get the difference amount between the MSP and market price, if it (the latter) is ruling below the MSP, said the Textile Commissioner of India Kavita Gupta.

Related Keywords: African countries, both woven and knitted, developing countries to phase out export subsidies, expanding scope of MEIS, export of cotton fabrics, gained export competitiveness, includes Textile, increase in incentive, Indian government, made ups to leading market, support exports, United States raised issue, violating global rule, WTO agreement

The United States has raised issue over increase in incentive by Indian government to support exports of several products which includes textile while expanding the scope of the Merchandise Exports from India Scheme (MEIS) this October. The Indian government has included exports of cotton fabrics, both woven and knitted, and made-ups to leading markets including African countries under the MEIS.

Related Keywords: All Fully Drawn or Fully Oriented Yarn, Flat Yarn of Polyester, import of atleast four items, imposed anti dumping duty, Indian government, recommendations of the Directorate General of Anti-dumping and Allied Duties, Spin Drawn Yarn

The Government has rushed to imposed anti-dumping duty on imports of atleast four various items from across the border with effect from October 21, 2015 on the basis of the recommendations of the Directorate General of Anti-dumping and Allied Duties.

Related Keywords: Apparel and Garment Unit, boost textile industry, demand for garment, eight northeastern states, export, Indian government, National Building Constructions Corp, readymade garment manufacturing units, Tripura handloom and handicrafts

The Indian government plans to set up ready-made garment manufacturing units in each of the eight northeastern states to boost the textile industry in and export of ready made garments from the region, which would also boost local employment, particularly for women. The government-run National Building Constructions Corp would set up the units in Assam, Arunachal Pradesh, Manipur, Meghalaya, Nagaland, Mizoram, Sikkim and Tripura.

Related Keywords: GoCoop, Indian government, Indian handloom market, making products available online, marketplace for handwoven and handcrafted products, MoU, online platform for handicrafts, reduce producer consumer gap, support local craftsmen

India has wonderful treasures that go hundreds of years back, but artisans do not receive their true value, which makes them economically weak. GoCoop, an online platform for handicrafts, has entered into a Memorandum of Understanding (MoU) with the Indian government to support local craftsmen of particular tribes and regions. GoCoop by making their products available online will be reducing the producer-consumer gap.