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    India’s Stategic and Economic Interests will be Protected in Multilateral Engagements: Piyush Goyal
    India to Enter FTAs on its Own Terms; No FTA will be Signed in a Hurry- Piyush Goyal
    India’s marine exports to China heading for USD 1 billion mark
    CSR is a true manifestation of Bapu’s Trusteeship Philosophy: President of India
    Piyush Goyal Invites Swedish Business Community to Partner with Indian Industries
    Commerce and Industry Minister visits Stockholm to attend 19th Indo-Swedish Joint Commission.
    India’s Foreign Trade: September 2019
    Farmers be Made Stakeholders in The Coffee Value Chain: Piyush Goyal
    CBIC and Customs launch scheme to attract investment and support Make in India programme
    Fourth Bi-monthly Monetary Policy Statement, 2019-20 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India
    Exchange Rates Notification No.72/2019
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    October 31, 2019
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    Protect strategic and economic interests in multilateral trade talks, with agreements to follow only after extensive consultations.
    The Commerce and Industry Minister stated the Government will protect strategic and economic interests in multilateral negotiations and will not sign trade agreements without extensive stakeholder consultations, noting broad consultations for RCEP; the HLAG report recommends measures to boost India's share in global merchandise and services trade, manage bilateral trade relations, and enhance investment attractiveness across manufacturing and services.
    October 31, 2019
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    Free Trade Agreement strategy: India will negotiate on its own terms, prioritising safeguards for domestic industry and jobs.
    India will approach Free Trade Agreements cautiously, declining to sign FTAs in haste and requiring reciprocal benefits and safeguards to protect domestic manufacturing, services and employment. Parallel measures include Invest India's dedicated desk for North East investment facilitation, free legal assistance to MSMEs from the Directorate General of Trade Remedies, promotion of regulatory stability, encouragement of labour law reform at the state level, and a five-year Make in India roadmap focused on ease of doing business and job creation.
    October 30, 2019
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    Trade promotion boosts marine exports to China, targeting major growth through buyer seller events and bilateral contracts.
    India's marine exports to China expanded rapidly in 2019, approaching the billion dollar mark through coordinated promotional activity, buyer-seller meetings at a Qingdao seafood expo, and a bilateral import contract securing multi year supply commitments. Export promotion bodies, diplomatic missions and industry associations led the campaign, highlighting product quality measures, market access efforts and institutional support while setting ambitious export targets and pursuing sustained engagement with Chinese importers.
    October 30, 2019
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    Corporate Social Responsibility framed as trusteeship philosophy, encouraging strategic CSR for inclusive growth and sustainable impact.
    National Corporate Social Responsibility Awards, instituted by the Ministry of Corporate Affairs, recognise corporate initiatives aimed at achieving inclusive growth and sustainable development across three categories: excellence in CSR, CSR in challenging circumstances, and contribution to national priority areas. The awards assess strategic CSR approaches addressing disadvantaged groups, difficult terrains and national priority sectors, using a three-stage selection process-shortlisting, detailed submissions and field verification-supported technically and logistically by the Indian Institute of Corporate Affairs.
    October 24, 2019
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    Investment facilitation: proposed Swedish Investment Enclave to boost bilateral industrial cooperation and startup collaboration between India and Sweden.
    India invited the Swedish business community to deepen engagement under the JCEC framework using the Joint Action Plan, Innovation Partnership and an MoU to advance cooperation in innovation, energy, healthcare and infrastructure. New collaboration areas include electromobility, road safety, space research and traditional medicine. A proposed Investment Enclave with plug and play infrastructure and strengthened start up cooperation were promoted, with continued reliance on an Investment Facilitation Mechanism administered by DPIIT and Invest India to resolve investor issues and implement the JCEC roadmap.
    October 23, 2019
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    Bilateral trade and investment: Sweden invited to scale technology partnerships to expand market access and deepen cooperation.
    The visit advanced BTIA-related commercial engagement by promoting market access and partnerships, presenting India's infrastructure and social development plans as demand drivers for Swedish technology and investment, and emphasising India's open FDI policy to facilitate Swedish firms. Sectoral dialogues focused on technology transfer and railway modernisation, including ERTMS and private-sector signalling and traffic management solutions, with invitations for cost competitive, scalable proposals. Both sides reaffirmed principles of openness and facilitation of cross border trade and targeted increased bilateral trade within the proposed timeframe.
    October 16, 2019
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    Overall trade deficit narrows as services surplus partly offsets weaker merchandise exports and lower import bills.
    Merchandise exports for September and April-September 2019-20 declined year-on-year in dollar and rupee terms while merchandise imports, including oil and non-oil components, fell more sharply; services receipts rose in the latest available month, producing a net services surplus. The combined provisional merchandise-plus-services trade deficit for April-September 2019-20 is narrower than the same period last year. Services data and the overall deficit are provisional, assembled from RBI quarterly and month-wise quick estimates with estimated September services figures and subject to revision upon RBI's next release.
    October 15, 2019
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    Farmers as stakeholders in the coffee value chain proposed to secure grower payments and fund sustainability through consumer contributions.
    Proposal to make coffee farmers stakeholders in the value chain by adding a small per cup contribution to retail coffee sales to deliver direct financial benefits to growers, alongside efforts to brand Indian coffee globally and commission studies on caffeine impacts in advance of the World Coffee Conference & Expo 2020 focused on sustainability through consumption.
    October 15, 2019
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    Manufacture and Other Operations in Warehouse scheme modernisation streamlines bonded manufacturing, duty deferment and export linked production.
    The programme modernises manufacture and other operations in customs bonded warehouses by introducing a single application and approval point at the jurisdictional Commissioner of Customs, a single digital account, GST compliant domestic procurement, and duty deferment for imported inputs and capital goods with full duty remission on export of processed goods, with no geographic or export quantity limits.
    October 4, 2019
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    Monetary Policy Statement: repo rate cut to 5.15% and accommodative stance maintained to support growth while anchoring inflation.
    The MPC cut the policy repo rate by 25 basis points to 5.15%, maintained an accommodative stance within the CPI inflation targeting framework (4% 2%), revised CPI inflation to 3.4% for Q2:2019 20 and downgraded 2019 20 real GDP growth to 6.1%, citing weak domestic demand, global headwinds, surplus liquidity and incomplete monetary transmission.
    October 3, 2019
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    Exchange rate determination fixes conversion rates for listed foreign currencies for import and export under Customs Act.
    Determination of statutory exchange rates fixes specific conversion rates to Indian rupees for listed foreign currencies, specifying separate import and export rates in two annexed schedules (per unit rates in Schedule I and bulk unit rates in Schedule II), superseding the prior notification and operating from the stated effective date for customs valuation purposes.

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