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English Release 28-January 2015
Date Month Year
  • President's Secretariat
  • President of India congratulates king of Saudi Arabia on his accession to the throne
  • Vice President's Secretariat
  • VICE PRESIDENT MEETS TABLEAU ARTISTS & TRIBAL GUESTS OF REPUBLIC DAY PARADE-2015
  • Prime Minister's Office
  • Text of PM's remarks at the NCC Rally 2015
  • PM's remarks at the NCC Rally
  • PM salutes Punjab Kesari Lala Lajpat Rai, on his birth anniversary
  • Cabinet
  • Reconstitution of Empowered Committee regarding setting up of Semiconductor Wafer Fabrication (FAB) manufacturing facilities in the country
  • Acceptance of the Order of the High Court of Bombay in the case of Vodafone India Services Private Limited
  • Spectrum Auction for 2100 MHz Band in February 2015
  • Signing of MoU between India and Oman in the field of tourism
  • Cabinet Committee on Economic Affairs (CCEA)
  • Mandatory use of jute in packaging for the Jute Year 2014-15 (1st July, 2014 to 30th June, 2013)
  • Grant of subsidy to Jute Corporation of India to maintain its infrastructure for MSP operations
  • Proposal of the HDFC Bank Limited for (i) maintaining the permissible foreign holding in the bank up to 74% of the total paid up capital and (ii) issuance of equity shares aggregating to an amount of Rs.10,000 crore to NRIs/FIIs/FPIs subject to aggregate foreign shareholding not exceeding 74 percent of the post issue paid up capital
  • Proposal of M/s Lupin Limited for increase in aggregate limit of investment by FIls and their sub accounts registered with SEBI, from 33 percent to 49 percent
  • Min for Develop. of North-East Region
  • DoNER Minister Dr. Jitendra Singh proposes setting up of hostels for students of Northeast studying in Delhi
  • Min of Agriculture
  • No Shortage of Seeds in Kharif Season 2015
  • Min of Comm. & Information Technology
  • Reconstitution of Empowered Committee regarding setting up of Semiconductor Wafer Fabrication (FAB) manufacturing facilities in the country
  • Spectrum Auction for 2100 MHz Band in February 2015
  • Min of Defence
  • Curtain Raiser – Beating Retreat Ceremony 2015
  • LCA TEJAS Achieved Yet another Accomplishment
  • Min of Environment and Forests
  • India committed to pursue and practice clean and sustainable development – Shri Prakash Javadekar
  • Ministry of Finance
  • Acceptance of the Order of the High Court of Bombay in the case of Vodafone India Services Private Limited
  • Amended Exchange Rates of Foreign Currency Notified
  • Min of Home Affairs
  • India wants good neighbourly relations, says Union home minister
  • Min of Mines
  • Steel & Mines Minister Shri Narendra Singh Tomar pushes for scientific exploration of Kolar Gold Fields
  • Steel & Mines Minister Shri Narendra Singh Tomar Takes Stock of MMDR Ordinance Implementation Status
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 45.38 per bbl on 27.01.2015
  • Min of Road Transport & Highways
  • Developing Roads in North-East and Border Areas is Government’s Priority, says Nitin Gadkari
  • Min of Skill Development and Entrepreneurship
  • Need to Scale Skilling Initiatives with Speed and Standard: Shri Rajiv Pratap Rudy
  • Min of Textiles
  • Grant of subsidy to Jute Corporation of India to maintain its infrastructure for MSP operations
  • Mandatory use of jute in packaging for the Jute Year 2014-15 (1st July, 2014 to 30th June, 2013)
  • Proposal of the HDFC Bank Limited for (i) maintaining the permissible foreign holding in the bank up to 74% of the total paid up capital and (ii) issuance of equity shares aggregating to an amount of Rs.10,000 crore to NRIs/FIIs/FPIs subject to aggregate foreign shareholding not exceeding 74 percent of the post issue paid up capital
  • Proposal of M/s Lupin Limited for increase in aggregate limit of investment by FIls and their sub accounts registered with SEBI, from 33 percent to 49 percent
  • Ministry of Tourism
  • Signing of MoU between India and Oman in the field of tourism
  • Min of Urban Development
  • Special Purpose Vehicle to be formed for setting up Sewerage Treatment Plants in Ganga cities
  • Ministry of Water Resources
  • German Delegation Calls on Uma Bharti
  • Jharkhand CM Raghubar Das calls on Uma Bharti
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • Speech of Shri Sarbananda Sonowal at BRICS International Youth Forum

Previous Date

 
Ministry of Commerce & Industry15-February, 2013 18:50 IST
India Explores Mauritius Freeport Policy to Tap African and European Markets

In a bilateral meeting with Mr. Sayyad Abd-Al-Cader Sayed Hossen, Minister of Industry, Commerce and Consumer Protection, Mauritius, the Union Minister for Commerce, Industry & Textiles Shri Anand Sharma today said that India and Mauritius have initiated steps towards setting up Mauritius-India Joint Business Council and a Joint Working Group (JWG) on trade and investment. “The Joint Business Council will be a robust institutional mechanism for giving a boost to trade and investment ties by identifying the priority sectors and sectors of engagement. The JWG would further work out the modalities for broadening and deepening the economic engagement between the two countries,” said Shri Sharma to the Mauritian Minister.

Shri Sharma conveyed to Mr Sayed Hossen that India and Mauritius should conduct a Joint Commission Meeting at the earliest so as to chart out a thorough roadmap for future cooperative ventures between the two countries.

During his recent bilateral visit to Mauritius from January 8-10, 2013, Shri Sharma was informed about the Freeport policy of Mauritius which offers zero custom duty and corporate tax free regime for companies with predominant export orientations, specially to Africa. Today, both the Ministers took the issue forward and explored the possibilities of approaching new markets through part value addition under the Freeport policy. The special arrangement of Mauritius with COMESA and the DFQF regime with EU will come into play under this Policy. In this regard, DIPP, CII, ASSOCHAM and FICCI have been asked to take necessary action in the matter.

Shri Sharma also assured full support for the development of the textiles sector in Mauritius. He also expressed happiness that MoUs in the textiles sector have been signed between the two countries subsequent to his visit to Mauritius last month. Shri Sharma said that both the countries should look at the possibility of establishing Integrated Textile Park in Mauritius. The Indian Minister asked the officials to give a concept paper on this within two weeks. The Mauritian Minister met Indian industry representatives through AEPC and CITI in a bid to attract Indian FDI into Mauritius in the textile sector. A Board of Investment delegate is travelling with the Minister to explain the fiscal and trade-related aspects to potential investors.

During the Financial Year 2011-12, the bilateral trade between India and Mauritius grew by 68 per cent, increasing from USD 863 million in 2010-11 to USD 1,451 million in 2011-12. In the current FY 2012-13, the bilateral trade in the nine-month period from April-December 2012 was USD 1007 million, registering a marginal decline of 4.78 % as compared to the corresponding nine-month period of April-December 2011.

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DS/RK
(Release ID :92263)

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