Ministry of Commerce and Industry

Order of the National Green Tribunal regarding an illegal cracker unit in Thanjavur district, Tamil Nadu, 29/05/2025

Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …

Crucial WTO meet today, govt set to defend food security plan

Anand Sharma rules out compromise on UPA government’s gamechanger Citing national consensus and political unanimity on food security, India on Monday took a tough line on the issue and slammed farm lobbies of developed countries a day before the World Trade Organisation (WTO) ministerial meeting in Bali. Commerce and Industry …

Current solution to food security won’t do, India tells G33 partners

India has told its partner countries fighting for a permanent solution against challenges to their food security initiatives at the World Trade Organisation that the “currently designed’’ interim relief was unacceptable to it. The official reinforcement of its stand on the politically sensitive issue at the meeting of G-33 countries …

Mahindra seeks subsidy to promote electric cars

In March 2012, the Ministry of New and Renewable energy ended a scheme under which 20% subsidy was offered to consumers on purchase of electric vehicles Expressing disappointment over lack of support to promote electric cars in India, Mahindra & Mahindra CMD Anand Mahindra today asked the government to grant …

Food subsidies need protection from coercive WTO rules: Sharma

Unless India’s minimum support prices for farmers and food subsidies are safeguarded against the rules of the World Trade Organisation, the Ninth WTO Ministerial scheduled for next month in Bali could fail, Commerce and Industry Minister Anand Sharma has warned. Mr. Sharma told WTO Director-General Roberto Azevedo on the phone …

Vedanta seeks SEZ benefits for aluminium smelter

Aluminium smelter plant was on risk of turning unlivable amid uncertainty in receipt of alumina from the company's refining unit at Lanjigarh. Vedanta Aluminium Ltd (VAL) has sought extension of SEZ (Special Economic Zone) benefits for its 1.25 million tonne aluminium smelter project at Jharsuguda. VAL has already invested Rs …

Odisha recommends extension of Tata Steel's Gopalpur SEZ

The Odisha government has recommended to the Union ministry of commerce & industry to extend formal approval for Tata Steel's multi-product Special Economic Zone (SEZ) at Gopalpur for one year. "The state government has been pleased to recommend the proposal of Tata Steel for extension of formal approval for another …

Action plan to unlock Rs. 7 lakh crore investments stuck in projects

Faced with prospects of a continued decline in economic activity, a tumbling rupee and falling investor interest, Prime Minister Manmohan Singh on Thursday directed the fast-tracking of infrastructure projects and unlocking of Rs. 7 lakh crore worth bank funded projects stuck for various reasons and lack of clearances at the …

Report of the Committee for Inspection of M/s Adani Port & SEZ Ltd. Mundra, Gujarat (Sunita Narain Committee on Adani)

There is incontrovertible evidence that the Adani project - port and SEZ - at Mundra in Gujarat has violated and not complied with EC conditions says this report submitted by the committee headed by environmentalist Sunita Narain to the environment ministry. There is incontrovertible evidence that the Adani project – …

Gujarat HC notice to Centre on PIL against road in Mundra

The PIL contends that if the road was to be built many date palm trees will have to be chopped off and local farmers would face heavy loss Gujarat high court on Thursday issued notice to the Centre over a public interest litigation (PIL) objecting to laying down of a …

No green signal for eBiz portal

NEW DELHI: The environment ministry has thrown a spanner in the works of the commerce ministry's initiative to launch an online single window for making it easier to do business in India, a move that is reminiscent of its earlier solitary resistance to the National Investment Board. An official familiar …

U.S. fears over compulsory licence for anti-cancer drug allayed

Issuing licence is totally compliant with multilateral agreements: Sharma India, on Wednesday, conveyed to the U.S. that it had not violated any multilateral trade agreement by issuing compulsory licence for Bayer’s patented anti-cancer drug Nexavar to a local firm so as to make it affordable. It also asserted that such …

Committed to smooth offtake of Posco project: Sharma

Agra: The government on Monday said it will review South Korean steel firm Posco's R 52,000-crore project, which has been stuck for long over land acquisition and other regulatory issues. The assurance was given by commerce and industry minister Anand Sharma to a visiting South Korean delegation at the ongoing …

Respect lines, Anand Sharma says after SC query on FDI

A day after the Supreme Court sought the government’s response on the safeguards in place to protect small traders from the arrival of FDI in multi-brand retail, Commerce and Industry Minister Anand Sharma Wednesday said that “all institutions should respect the constitutional demarcation between the executive, legislation and judiciary”. The …

A law and its losers

The Land Acquisition, Resettlement and Rehabilitation Bill is an attempt to circumvent the hurdles before acquisition, such as rehabilitation of land losers, without much increasing the cost of land. THE preamble to the draft Land Acquisition, Resettlement and Rehabilitation (LARR) Bill is very noble; it talks about a “humane, informed, …

Commerce Ministry to move Cabinet on SEZs

With the Finance Ministry cold-shouldering the proposals for giving incentives to special economic zones (SEZs) to revive investor interest in them, the Commerce Ministry is likely to approach the Cabinet on the issue in a last-ditch effort to revive the sagging fortunes of these SEZs. The Finance Ministry and the …

Minimum land need for SEZ to be lowered

Lower minimum area of land required for multi-product SEZs to 250 hectares from 1,000 Many key changes are in the works to change the contours of the Special Economic Zone (SEZ) policy and boost growth across these units. Following a discussion paper last November, the commerce ministry has prepared a …

Govt denotifies Adani's Mundra SEZ firm to reapply

The government has cancelled its earlier permission for the Adani Group's Special Economic Zone (SEZ) over 1,840 hectares (ha) in Mundra (Gujarat), for violation of three rules. Adani has a larger SEZ project in the same region and this is not affected by the government decision. Sources in the Union …

FICCI urges Centre to ban bauxite exports

The exports have increased substantially in the last 2-3 years Trade body Federation of Indian Chambers of Commerce and Industry (Ficci) has urged the Union ministry of commerce and industry to ban bauxite exports fearing closure of alumina refineries for shortage of the key raw material required to produce alumina. …

Ministry sets up directorate for small tea growers' welfare

The Union commerce ministry has set up a directorate exclusively to look after the welfare of small tea growers. The directorate, approved by the Planning Commission, will soon start functioning under the aegis of the Tea Board. “This is a very important imperative for the welfare of small tea growers. …

GoM divided on retrospective effect

The first meeting of the Group of Ministers on a proposed land acquisition law succeeded in narrowing down some of the differences of various ministries though a few contentious issues remain resolved. A watered down draft law put forward by the Rural Development Ministry had already addressed some of the …

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