Page 25 - Latest Updates on Piyush Goyal
20 sectors identified for boosting manufacturing and export: Piyush Goyal
According to sources, govt is gearing up to place tighter restrictions on import of 371 items worth $127 billion. These include toys, plastic goods, sports items and furniture
 "20 sectors identified for boosting manufacturing and export: Piyush Goyal")
Energy and momentum
Govt must move forward on trade deals with US and others
 "Energy and momentum")
Limited trade pact with US just a few phone calls away, says Piyush Goyal
Commerce Minister Piyush Goyal says India is willing to have an 'early harvest trade deal' with the US for 50-100 export products and services
 "Limited trade pact with US just a few phone calls away, says Piyush Goyal")
India, US closing in on a trade deal after two years of negotiations: Goyal
Both New Delhi and Washington should also look at a preferential trade pact with 50 to 100 products and move to a free trade pact in the long term, Goyal said
 "India, US closing in on a trade deal after two years of negotiations: Goyal")
Not closing doors, India wants to be part of global supply chain: Goyal
He said that the bilateral trade between the two countries had crossed the $10 billion mark last year
 "Not closing doors, India wants to be part of global supply chain: Goyal")
India, US discuss the possibility of a free trade pact: Piyush Goyal
Piyush Goyal and US Commerce Secretary Wilbur Ross also appreciated the substantial progress made by both sides on most of the outstanding issues
 "India, US discuss the possibility of a free trade pact: Piyush Goyal")
India bats for inking limited trade deal with US during trade meet
Goyal raises totalisation issue during talks with Ross, also expresses concern over Indian exports being barred due to child labour issues
 "India bats for inking limited trade deal with US during trade meet")
Railways to become 100% electrified in next 3.5 years: Piyush Goyal
The Railways Minister further said, in renewable energy, we have been able to bring in scale, increase demand and reduce prices. We are seeing people wanting to go in for renewable energy
 "Railways to become 100% electrified in next 3.5 years: Piyush Goyal")
Opening up entire services won't do any good, may add some trains: Goyal
The government is not aiming to resume passenger train services at full capacity keeping the low occupancy, said Piyush Goyal, adding that he may add some more trains on routes which are running full
Foot-operated taps & ionised AC air: Railways preps for travel post-Covid
The features, detailed in a booklet circulated by the Railways, include a host of foot-operated fixtures such as taps, soap dispensers, lavatory doors, flush valves and door latches.
 "Foot-operated taps & ionised AC air: Railways preps for travel post-Covid")
Real estate players seek more sops from govt to tide over Covid-19 crisis
Among other aspects, they are pushing to extend the definition of "affordable housing" to homes costing up to Rs 75 lakh as against a maximum of Rs 45 lakh right now
 "Real estate players seek more sops from govt to tide over Covid-19 crisis")
India has to engage with both foreign tech and indigenous: Piyush Goyal
The electronics manufacturing industry has pushed for more coverage of incentives and higher tariffs on foreign goods
FDI reforms needed more than opening up of sectors, say experts
Sources confirm the Centre is actively looking to further relax FDI norms in sectors such as insurance and railway operations.
 "FDI reforms needed more than opening up of sectors, say experts")
Hotel industry presents wish-list of remedies in webinar with Piyush Goyal
Minister says he isn't anti-five-star, insists the state is willing to help, but hotels also need to come together as a sector
Identified sectors to cut import, promote domestic manufacturing: Goyal
Goyal said that Covid-19 pandemic has taught a big lesson that over-dependence on certain geographies can cause a lot of difficulties in the time of stress.
FDI norms to be eased further, other economic reforms in pipeline: Goyal
The minister said that new industrial policy and forest policy would be brought out soon, along with further forms in the mining sector
Remain unfazed when people present demands, Modi tells BJP workers
Modi offered this advice to party workers and leaders at a videoconference, 'seva hi sangathan', where he took stock of the assistance BJP workers provided to people during the countrywide lockdown
 "Remain unfazed when people present demands, Modi tells BJP workers")
Digital economy, adoption of tech will help achieve $5-trn economy: Goyal
He also stressed the role of productivity in the transformation of any organisation
 "Digital economy, adoption of tech will help achieve $5-trn economy: Goyal")
Sensible to buy local even if it's costlier than imports: Piyush Goyal
Indians will have to pay 'terrible prices' if domestic manufacturing doesn't survive in long run, say minister
 "Sensible to buy local even if it's costlier than imports: Piyush Goyal")
Exports improving, contraction down to just 10-12 per cent: Piyush Goyal
Declining for the third straight month, India's exports dipped 36.47 per cent in May to $19.05 billion
 "Exports improving, contraction down to just 10-12 per cent: Piyush Goyal")
