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 In the backdrop of a fall in agricultural export in recent years, the central government has a plan to raise these from the northeast region (NER) to neighbouring countries.   The eight states in this category -- Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim -- contribute three per cent of India's gross domestic product. Barely one per cent of the regions's agri output is exported, with a lack...

  • Posted on : Thursday , 7th September 2017
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 India has started exporting diesel to Myanmar via a land route, in a boost to Prime Minister Narendra Modi’s pledge to enhance hydrocarbon trade with neighbouring countries.   Modi, who is due to start a three-day visit to Myanmar on Tuesday, wants to expand ties with eastern neighbours to develop India’s landlocked northeastern states.   Northeast India-based refiner Numaligarh Refinery Ltd (NRL) delivered a...

  • Posted on : Thursday , 7th September 2017
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 India’s oilmeal exports are seen on a revival path. According to data released by the Solvent Extractors Association of India (SEA), there was a 78 per cent jump in the overall exports of oilmeals during the April-August period at 8,64,818 tonnes against 4,85,220 tonnes in the same period last year.   “In last three months, the export of oilmeals improved compared to the previous year, thanks to good monsoon, better...

  • Posted on : Thursday , 7th September 2017
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 The NITI Aayog on Wednesday constituted an Expert Task Force led by its Vice Chairman Rajiv Kumar to boost employment in the country through increased exports.   The task force would propose an action plan to create well-paid, formal sector jobs and alleviate underemployment in both goods and services sectors, the planning body said in a statement.   “Given the importance of exports in generating jobs, India needs to...

  • Posted on : Thursday , 7th September 2017
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 Suresh Prabhu may well have landed from the frying pan into the fire. Scalped for three train accidents within 10 days in August alone, Prabhu has been handed charge of the Commerce and Industry Ministry after helming Railways. This, at a time when export growth has slowed down considerably, industrial output remains weak and different government departments are sparring over India’s rank in the global ‘Ease of Doing...

  • Posted on : Thursday , 7th September 2017
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