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Commerce Ministry finally allowed RODTEP benefit to Chemical, Pharma and Steel Sector for the Exports transactions undertaken between 15 December 2022 to 30 September 2023 which was a long pending demand from the industry. The benefit is being expanded to these industry to boost exports will cost around 1000 Crore to the industry. The Sch...

Centre allows International Trade Settlements in Indian Rupees for Export Promotion Schemes under the Foreign Trade Policy  Decision to facilitate and ease international trade transactions in Indian Rupees The Government of India has made suitable amendments in the Foreign Trade Policy and Handbook of Procedures to allow for Internationa...

Validity of the existing Hand Book of Procedures, 2015-20 is extended upto 31st March, 2023 vide Public Notice No. 26/2015-2020 |Dated: 29th September, 2022. The government has received requests from Export Promotion Councils and leading exporters that we should continue with current Foreign Trade Policy (2015-20), which had been extende...

India’s Rice availability position is comfortable “Prohibited” status of Broken Rice ensures domestic food security and feed availability Domestic price of rice under check No change in Export Policy of Par Boiled Rice and Basmati Rice With the amendment in export policy of Broken Rice from “free” to Prohibited”, Government of...

Recent changes in India’s rice-export rules have helped keep a check on domestic prices without reducing the availability for exports. The changes have been done keeping in mind the need to support the ethanol-blending programme that saves costly oil imports and to help the animal husbandry and poultry sectors by reducing the cost of an...

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Dated: 30th August, 2022 Subject:- Circulation of proposed amendment in Category 5B of SCOMET List related to export of Drones/UAVs and General Authorization for Export of Drones/UAVs (GAED) , a SCO...

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Shri Narendra Modi has approved the the proposal for amendment of policy of exemption for Wheat or Meslin Flour (HS Code 1101) from export restrictions/ ban. Impact: The approval will now allow to put a restriction on the export of Wheat Flour which will ensure [&h...

Government is implementing Trade Infrastructure for Export Scheme (TIES) with the objective of assisting Central and State Government agencies in creation of appropriate infrastructure for growth of exports....

India’s non-basmati rice exports witnessed an astounding growth of 109 % from USD 2925 million in FY 2013-14 to USD 6115 million in FY 2021-22....

India's Sugar Exports witnessed an astounding growth of 291% from USD 1,177 million in FY 2013-14 to USD 4600 million in FY 2021-22. As per DGCI&S data, India exported sugar to 121 countries across the globe....