Coming out strongly in defence of foreign direct investment in retail, the ministry of commerce and industry has told the Prime Minister's Office that there is no empirical evidence to suggest that organised retail would adversely impact small retail
According to Sanjeev Chopra, secretary of the horticulture and food processing department of West Bengal, steps were being taken so that exporters from the state could sell overseas at least 1 per cent of the total state produce through the AEZs.
It's important to learn from failure, and just show up the next day, and the next, till you've got it right, says Radhika Ghai, co-founder, ShopClues
'You have come out with a package for the kisan.' 'You have a package for industry.' 'But has anyone addressed the issues concerning small traders?'
The decision was taken by an inter-ministerial Board of Approval.
Government planning to slash the number of days required to start a business in Mumbai, Delhi from the current 26.
Giving major relief to budding entrepreneurs, the government on Thursday allowed startups to avail tax concession only if total investment including funding from angel investors does not exceed Rs 10 crore.
India's share in the world market for basmati rice is about 53 per cent, said the government on Friday.
Megatech Engineering & Services Pvt. Ltd. and three of its senior officials -- Ajay Ahuja, Ravi Shettigar and T K Mohan -- have been placed in the Denied Persons List of the Bureau of Industry and Security of the Department of Commerce and formally notified in the Federal Register.
