
#union commerce and industry minister piyush goyal

Economy
Angel tax removed: Boost for Startups, says Goyal
Speaking at a post-budget interaction with industry leaders, Goyal emphasized the positive impact of the 2024-25 budget on various sectors. "The Budget 2024-25 has removed the angel tax and through it, we will be able to attract investors into the country," he stated. Goyal also highlighted the reduction in customs duty for gold and silver, slashed from 15 percent to 6 percent. This cut aims to support small artisans and boost the country’s gems and jewellery exports.
News Arena Network • Jul 28 2024
Economy
India preferred investment destination for investors: Goyal
"I would invite all of you to invest in India. India's growth story will continue unfettered at a scorching pace. India would continue to lead the world economy and will continue to be the most favoured destination for investment, and manufacturing," Goyal said.
News Arena Network • Jul 20 2024
Economy
“We want the nation corruption free,” says Union Minister Piyush Goyal lashing out at the opposition
"We have to make a corruption-free India. They (opposition) want to save their corruption, and we have to eradicate that... They will have to pay for whatever wrongs they have committed and the law catches up with you and the law is catching up with people who have done irregularities," Goyal said, at the Times Now Summit 2024 here.
• Mar 28 2024
Nation
From Punjab to Delhi: 'Kisan Mahapanchayat' tries to paint the Capital Green with protest
Amidst the ongoing farmers' protest, a significant event unfolded as the Kisan Mahapanchayat, organized by the Samyukt Kisam Morcha (SKM), took center stage at the Ramlila Maidan in Delhi.
• Mar 14 2024
Economy
India stands firm: no special concessions for Tesla, emphasizes openness to all EV manufacturers
Tesla has been seeking tariff concessions from India, including offsetting customs duties for cars priced below certain thresholds. Minister Goyal emphasized that the government doesn't formulate policies based on individual company demands. Instead, it aims to create a conducive environment for all-electric vehicle manufacturers.
• Mar 10 2024
Economy
India and EFTA seal $100B Free Trade Pact; PM Modi emphasizes fair trade commitment
India sets ambitious goals of securing $100 billion in investments over 15 years from EFTA countries, with a focus on generating 1 million jobs. Union Minister Piyush Goyal echoes PM Modi's sentiments, expressing confidence in the mutually beneficial nature of the agreement and pledging support to exceed set targets for industry and businesses.
• Mar 10 2024
Economy
Piyush Goyal assures swift action to prevent food price spikes during elections
With the Election Commission expected to announce the poll schedule soon, and Lok Sabha elections likely in April-May, Goyal elaborated on various measures taken by the government in recent years to stabilize prices of food items like onions, tomatoes, and pulses.
• Mar 09 2024
Nation
Govt extends olive branch, hopeful to end farmers' protest; Goyal confident to call off agitation
Minister Goyal, along with Agriculture Minister Arjun Munda and Minister of State for Home Affairs Nityanand Rai, have already engaged with farmer representatives in four rounds of talks.
• Mar 08 2024
Politics
'It will be my privilege': Piyush Goyal on speculations of contesting LS polls
"Of course, I am very excited, I am looking forward to a decision being made by the party leaders and I do hope that I (will) get an opportunity to contest. It will be my privilege," he stated.
• Mar 08 2024
Nation
Union cabinet hikes DA for Central govt employees to 50 per cent of basic pay
The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs 12,869 crore per annum. The impact would be Rs 15,014 crore during the year 2024-25 (January 2024 to February 2025).
• Mar 08 2024
Economy
Union cabinet approves Rs. 10,037 Crore UNNATI Scheme for northeastern industrial development
The proposed scheme envisages approximately 2180 applications, and it is anticipated that direct employment opportunities of about 83,000 will be generated during the scheme period. A significant number of indirect employment is also expected to be generated.
• Mar 07 2024
Economy
Minister Piyush Goyal launches digital platform for farmers to obtain loans against produce
During the launch event, Goyal emphasized the transformative potential of the digital gateway, which will enable farmers to access post-harvest loans from banks using electronic Negotiable Warehouse Receipts (e-NWRs). Currently, there are over 5,500 registered warehouses under the Warehousing Development and Regulatory Authority (WDRA), providing a substantial infrastructure for this initiative.
• Mar 04 2024
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