Ship owners worldwide invited to now flag their ships in India to take advantage of the Make in India policy of the Government
Government of India has recently revised its Make in India Policy for public procurement, among others, of all services.
Under the revised policy, no global tender enquiry shall be issued, except with the approval of the Competent Authority, for the procurement of all services with estimated value of purchases less than Rs. 200 crores.
Shri Mansukh Manda
Making trade more digitised
By, Afaq Hussain is Director and Nikita Singla is Associate Director at Bureau of Research on Industry and Economic Fundamentals, Delhi. Views are personal
Context
# India’s exports in April 2020 contracted by 60% year-on-year. There was a 37% fall in the twenty-foot equivalent units handled by the Jawaharlal Nehru Port in April 2020 as compared to April 2019.
# The steep decline in world trade lays bare the significance of a more digitised trading