The commerce ministry said that India's imports in June 2021 grew by 96.33% to $41.86 billion from $21.32 billion last year and thus India is currently a net importer.
Exports of sectors such as engineering, gems and jewellery and petroleum products recorded healthy growth rates. During the same period, imports too rose by 98.33% to $19.59 billion.
Karnataka BJP MP Tejasvi Surya appealed to the Centre to exempt ‘Bangalore Rose’ from the ban as this special variety is grown for export to Southeast Asian countries.
The tea industry has been reeling under a crisis, with production hit badly after tea gardens across the country closed due to the nationwide lockdown.
These recommendations come just before the upcoming Budget. Currently, a passenger can buy two litres of alcohol and a carton of cigarettes at airport duty-free.
Govt brings import of palm oil & palmolein under 'restricted category'. Move will be big setback for Malaysia from where India imports bulk of the product.
Agricultural policy has prioritised price stabilisation over fostering long-term competitiveness. This incentivises the pursuit of subsidies rather than productivity enhancement.
Naidu’s summit brings in MoUs on same scale as Jagan’s, but CM says his plans built on speed, certainty & investor trust, with escrow accounts, simplified incentives & real-time oversight.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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