HAPPY 71 REPUBLIC DAY OF OUR COUNTRY (INDIA)//// PM interacts with recipients of Rashtriya Bal Puraskar, 2020///Republic Day chief guest Brazilian President Jair Bolsonaro arrives on a four-day visit to India///प्रधानमंत्री ने जनजातीय अतिथियों, एनसीसी कैडेटों, एनएसएस स्वयंसेवकों और झांकी कलाकारों के साथ बातचीत की///Reaching out, taking education to the last mile – Ramesh Pokhriyal 'Nishank'///वीर सुरेंद्र साई स्पेस इनोवेशन सेंटर के छात्रों ने केंद्रीय राज्यमंत्री डॉ. जितेंद्र सिंह से मुलाकात की///सीईसी सुनील अरोड़ा ने दक्षिण एशिया चुनाव प्रबंधन फोरम की अध्यक्षता की////Vice President describes corruption as canker and calls for a total war on corruption////Japanese Ambassador Mr Satoshi Suzuki calls on MoS DoNER Dr Jitendra Singh////
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Industry must Reduce Dependence

Industry must Reduce Dependence on Imported Goods

NEW DELHI. Piyush Goyal,Minister for Commerce and Industry and Railways, addressed the inaugural sessionat the Exports Summit 2019 organised by the Confederation of Indian Industry (CII) in New Delhi today. He emphasized that Indian industry must be enabled and empowered to take advantage of global value chains. He further noted that it is important for Government and industry to work together to make industry more competitive and more proactive.Government is working to bring more predictability to export finance, exports scheme and productivity added the Commerce & Industry Minister.He further stated that each of our embassies must have a representative from Indian states so that there is greater understanding of state level policies for foreign investors.

Highlighting the NIRVIK scheme also known as Export Credit Insurance Scheme (ECIS) the Commerce & Industry Minister said that this initiative of the Government is for addressing the problems of export financing that industry is facing.

Piyush Goyal informed that the Government is stepping up engagement with EU, US, and UK separately, to secure markets for Indian exports even as it withdrew from the Regional Comprehensive Economic Partnership. He hoped that industry will support the Government in its efforts to bring down non-essential imports and reduce its dependence on imported goods and will embrace domestic regulation and step up production by taking advantage of the policies the Government is rolling out.(UPDATED ON DECEMBER 17TH, 2019)