Mukesh Jagota

The ministry of commerce and industry has planned a review of the India-US trade relationship this week to assess its progress over the years and

In the Budget 2024-25, finance minister Nirmala Sitharaman announced a credit guarantee scheme for MSMEs, under which these units can take loans without having to give any collateral or third-party guarantee.

The government has set a provisional target of constructing 10,421 km of national highways this financial year, which is 15% lower than last year's achievement due to the prolonged election process delaying various state clearances.

The target, which is up 50% over last year's, is despite the fact that the awards so far in the current year have been less than 3,000 km.

Engineering exports grew 13.7% to $8.8 billion, electronics exports were up 54.7% at $3.4 billion, rice exports increased 95.1% to $1.1 billion as trade curbs were removed.

In 2018, when the US imposed tariffs on Indian steel and aluminum, India retaliated by increasing tariffs on 29 specific American products.

For monetisation through ToT and InVIT the NHAI has identified 33 highway stretches with a total length of 2741 km spread all over India for monetisation in 2024-25.

Around 60% of the engineering goods exporters are in the MSME sector and they account for half of the sector's exports by value.

The FTAs that India is negotiating do have their chapters on investment facilitation. It wants investment protection to remain separate as the nature of trade and investment disputes are separate.

The FTAs that India is negotiating do have their chapters on investment facilitation. It wants investment protection to remain separate as the nature of trade and investment disputes are separate.