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    February 29, 2020
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    Transit customs station designation and cross border rail survey advance to strengthen trade facilitation and enterprise links.
    Commitments were made to deepen India-Bhutan economic cooperation through concrete procedural and institutional measures: a survey was commissioned for a Mujnai-Nyoenpaling cross border rail link; discussions with Bhutan's State Mining Corporation to finalise an MOU for export of railway ballast were scheduled; designation of new transit customs stations and consideration of making Nagarkatta a permanent land customs station were discussed. Concurrently, capacity building commitments include CII mentoring of Bhutanese start ups, Indian sponsored training programmes for Bhutanese trainers and entrepreneurs, and a feasibility study for an Entrepreneurship Development Institute in Bhutan.
    February 28, 2020
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    Project Monitoring Group oversight directs expedited clearance and prioritisation of large infrastructure projects to unlock stalled investments.
    Project Monitoring Group (PMG) oversight expedites resolution of regulatory bottlenecks and fast-tracks large public, private and PPP infrastructure projects by identifying unresolved issues, assigning timelines, directing inter-ministerial and state action, prioritising projects with state-supported land acquisition, encouraging use of letters of credit for working capital, expanding transmission infrastructure for power-deficit areas, and promoting technology-driven environmental mitigation such as tree transplantation.
    February 26, 2020
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    National Technical Textiles Mission to strengthen research, market development and skills, boosting domestic industry and exports.
    Approval establishes the National Technical Textiles Mission as a four year, centrally coordinated programme with four components: Research, Innovation and Development to fund pooled fundamental and application oriented research across national laboratories and reputed institutions; Promotion and Market Development to increase domestic penetration and attract investment; Export Promotion via an Export Promotion Council; and Education, Training and Skill Development to create higher education programmes and a skilled workforce, alongside sub components for biodegradable materials, sustainable disposal and indigenous machinery development.
    February 20, 2020
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    Exchange rate determination for customs conversion sets distinct import and export currency rates effective from the notified date.
    Determination of exchange rates for customs conversion: the notification, exercising statutory authority, prescribes specified rupee equivalents for listed foreign currencies with distinct rates for imported and exported goods across two annexed schedules (per-unit and per-hundred-unit listings). These rates apply for customs conversion purposes from the stated effective date and supersede the earlier notification, without affecting actions already taken under the superseded notification.
    February 19, 2020
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    Farmer Producer Organization formation under a central scheme to build collective scale, credit support, and specialised cluster promotion.
    Approval of the central scheme Formation and Promotion of Farmer Producer Organizations (FPOs) to form and promote ten thousand FPOs with five year handholding; use of implementing agencies and Cluster Based Business Organizations providing specialist support; establishment of a National Project Management Agency for oversight; priority for aspirational districts and One District One Product clusters; Equity Grant and professional training for FPO management; and creation of Credit Guarantee Funds and concessional loan avenues to accelerate institutional credit and infrastructure support for FPO marketing.
    February 18, 2020
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    SEZ exports milestone achieved as services led growth drives export expansion and operational SEZs increase nationwide.
    SEZ exports reached a USD 100 billion milestone as of 17 February 2020, led by strong services (primarily IT/ITeS) growth and modest merchandise expansion. The number of operational SEZs rose to 241. Key sectors with healthy growth included Gems & Jewelry, Trading & Logistics, Leather & Footwear, Non Conventional Energy, and Textiles & Garments, while petrochemicals remained a major but slower growing segment.
    February 17, 2020
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    Performance-based incentives to states to boost agricultural exports and import substitution, with expert group proposing reforms.
    The Finance Commission constituted a High Level Expert Group on Agriculture Exports to assess export and import substitution opportunities across agricultural commodities and to recommend ways to sustainably step up exports. It must propose strategies to increase productivity, enable higher value addition, reduce waste, strengthen logistics, identify impediments to private investment along the value chain and suggest reforms, and recommend performance-based incentives for state governments for 2021-22 to 2025-26; the Group may seek external assistance and will report within three months.
    February 15, 2020
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    Agriculture Export Policy-driven cluster development enables Nagpur orange exports through APEDA coordination, branding, and export facilitation measures.
    Implementation of the Agriculture Export Policy via an APEDA-led cluster with a nominated nodal officer and a multi-stakeholder committee enabled targeted capacity-building, exporter-farmer linkages, mandatory labelling and use of an APEDA-funded VHT packhouse for grading and sorting, culminating in the first consignment of Nagpur mandarin being dispatched to Dubai as part of coordinated export promotion and market branding efforts.
    February 14, 2020
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    Trade deficit narrows as exports slip slightly and imports fall, with services growth and lower non oil imports impacting balance.
    Provisional trade figures for April-January 2019-20 show merchandise exports slightly down year on year and cumulative export declines, while cumulative merchandise imports fell more markedly. Oil imports rose in January but fell over the cumulative period; non oil and non gold imports declined. Services (RBI data to December 2019; January 2020 estimated) recorded positive growth in exports and imports for December, with net services exports supporting a lower overall trade deficit for April-January 2019-20 compared to the prior year, subject to revision when RBI releases January services data.
    February 11, 2020
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    Destruction of Prohibited Narcotics: all India coordinated disposal reinforces enforcement against illicit drug imports and trafficking.
    The Central Board of Indirect Taxes and Customs conducted a coordinated all India destruction of seized Prohibited narcotics and Psychotropic Drugs and Substances on 24 January 2020, disposing of multiple categories of contraband-including cannabis, heroin, ephedrine, ketamine, ecstasy, phensedyl and amphetamine-at designated sites across several cities, and publicised the operation to reinforce deterrence and public awareness of drug related harms.
    February 10, 2020
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    Defence export licensing reformed: streamlined SOP, digital authorisations, extended validity and simplified end user certification processes.
    DDP was designated licensing authority for SCOMET Category 6 and a revised SOP governs munitions-list exports; an end-to-end digital portal issues digitally signed authorisations, export authorisation validity was extended to two years or completion of order, repeat-order and intra-company procedures were simplified including permitting buyer-issued End User Certificates and narrowed consultation requirements.
    February 10, 2020
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    Indigenisation of defence procurement prioritised to boost domestic production and secure technology transfer through strategic partnerships.
    Policy measures accelerate indigenous defence design and manufacture by prioritising Buy (Indian-IDDM) and other domestic procurement categories under DPP 2016, liberalising FDI where technology access is expected, and providing innovation and funding support through iDEX and the simplified Make and Make-II procedures with MSME reservations. The Strategic Partnership Model, indigenisation policy for components, flexible offset guidelines with an offset portal, and rationalisation of industrial licences further seek to build domestic manufacturing capacity while capital procurements remain governed by operational and technological needs under the DPP.
    February 10, 2020
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    Export authorization for SCOMET Category six defence equipment issued, listing permitted items and recipient countries.
    Authorization was issued for the export of defence equipment under Category 6 of SCOMET, listing recipient countries alongside items including body-protection gear, armour plates, technical modules and spares, surveillance and night-vision equipment, weapons-related parts and system components; cost and foreign-exchange earnings are not maintained centrally and the information was provided in a parliamentary written reply.
    February 7, 2020
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    Trade deficit reduction through market access measures and export promotion to expand bilateral exports to China.
    India's bilateral trade imbalance with China narrowed as imports fell and exports rose, and the Government has pursued market-access and export-promotion measures including protocols for specific agricultural and fish products, regulatory cooperation for pharmaceuticals, and facilitation of Buyers-Seller Meets and participation in Chinese trade fairs to expand export opportunities.
    February 7, 2020
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    Anti-dumping investigations enforce remedies against dumped imports, with measures on numerous Chinese products and additional probes ongoing.
    DGTR initiates and conducts anti-dumping investigations under the Customs Tariff Act, 1975 on the basis of a duly substantiated application alleging dumping and injury to the domestic industry; measures aim to eliminate injury and level the playing field. At the time of the press release, measures were in force on 90 Chinese imported products (including two pharmaceuticals) and 24 investigations against Chinese imports were ongoing.
    February 7, 2020
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    Import policy change: refined palm oil moved to restricted category, paired with a mission to reduce import dependence.
    Import policy for Refined Palm Oil and specified HS lines has been amended from 'Free' to 'Restricted', applying to imports from all countries without targeting any specific country; concurrently, a proposed five year National Mission on Edible Oils seeks to raise oilseed production and productivity, double secondary source edible oils, promote seed replacement and cultivation expansion, and reduce import dependence by 2024-25.
    February 6, 2020
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    Agri Export Policy implementation: states must set up institutional plans and quality controls to enable cluster based export growth.
    Implementation of the Agri Export Policy requires States/UTs to establish outcome oriented institutional frameworks-State Agri Export Action Plans, State Level Export Monitoring Committees, designated nodal agencies/officers, cluster facilitation cells and district action plans-align these plans with central schemes, allocate budgets, promote FPOs/FPCs, identify infrastructure/logistics gaps, pursue APMC reforms and abolition of mandi taxes for exports, and ensure regulatory control of pesticide use, while APEDA provides facilitation through a Farmer Connect Portal, MoU with cooperatives, cluster workshops and market intelligence support.
    February 4, 2020
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    District Export Plan framework promotes district-level export capacity building and data-driven export matrices and facilitation by DGFT regional authorities.
    A structured programme requires States/UTs to prepare and implement a District Export Plan (DEP) through a district-level body headed by the Chief/District Development Officer; DGFT is providing a portal and Regional Authorities will facilitate DEP preparation, outreach and budgetary support. DEPs must assess district export profiles, coordinate with sectoral councils and central departments, detail support from production to export, use GSTN and ICEGATE for data, publish a quarterly District Export Matrix, and employ the Market Access Initiative for buyer engagement.
    February 4, 2020
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    Bank and NBFC support measures expand priority sector lending and liquidity; no proposal to capitalise private banks.
    No proposal to capitalise private banks; instead the Government and regulators implemented credit-flow and liquidity measures including priority sector treatment for bank lending to NBFCs for on-lending, co-origination with specified NBFCs, increased single-borrower exposure limits for NBFCs, risk-weight adjustments, a Liquidity Infusion Facility for housing finance, a Partial Credit Guarantee Scheme for purchase of rated pooled assets from sound NBFCs/HFCs, enhanced MSME working-capital support and one-time MSME restructuring, and a standby credit facility for limited project cost overruns.
    February 4, 2020
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    Agri export facilitation: awareness and action plan advance nodal agency role and market linkages for island produce.
    APEDA organized an awareness programme to advance implementation of the Agri Export Policy in the Andaman and Nicobar Islands, assisting in finalizing a state Agri Export action plan and designating the Department of Agriculture as the nodal agency with a Joint Director as nodal officer. Presentations addressed export requirements, compliance and financial assistance schemes, while exporters outlined market linkages for fruits, vegetables, spices, coconut products, fisheries and dried flowers. Discussions emphasized the Islands' sea-route advantage to Southeast Asian markets and plans for trans-shipment ports to facilitate direct exports, alongside capacity building and infrastructure planning.

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