India Boosts Export Promotion

10 Apr 2024 CW Team

India's Ministry of Commerce and Industry has initiated various measures to enhance export promotion efforts amidst the challenges posed by the COVID-19 pandemic. These initiatives aim to support businesses, enhance competitiveness, and stimulate economic recovery in the export sector.

The implementation of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme is one of the key measures introduced. This scheme seeks to reimburse various taxes and duties incurred in the production and distribution of exported goods, improving the competitiveness of Indian products in the global market.

Additionally, efforts to address logistical challenges faced by exporters are underway, including improving port infrastructure and streamlining customs procedures. These measures aim to reduce transaction costs and facilitate smoother trade operations, thereby enhancing India's export competitiveness.

Furthermore, the Ministry is actively engaging with industry stakeholders to identify and address sector-specific issues hindering export growth. This collaborative approach ensures that policy interventions are tailored to the needs and challenges faced by different sectors, maximizing their effectiveness in promoting exports.

The export promotion measures implemented by India underscore the government's commitment to supporting businesses and driving economic recovery post-pandemic. By incentivizing exports and addressing key bottlenecks in trade infrastructure and procedures, India aims to revive growth momentum in the export sector and position itself as a competitive player in the global marketplace.

Overall, these initiatives signify India's proactive stance in leveraging trade as a driver of economic growth and resilience in the face of unprecedented challenges posed by the COVID-19 pandemic.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..