India and the EU are pushing forward with negotiations for a comprehensive free trade agreement (FTA), aiming for a balanced deal that addresses mutual sensitivities and unlocks significant economic benefits. Recent talks highlighted progress, but key issues remain, underscoring the need for political will to achieve a commercially meaningful agreement.
Commerce Minister Piyush Goyal announced government support for MSMEs, including concessional land rates in industrial townships and exploration of alternative financing models. He urged collaboration between the government, banks, and MSMEs to overcome financing challenges and highlighted initiatives to simplify business processes and combat corruption.
Union Minister Piyush Goyal addressed the CII Partnership Summit 2024, advocating for environmental justice for the Global South, sustainable consumption, and inclusive global cooperation. He highlighted the need for a balanced approach to technological advancement, emphasizing the importance of skilling youth and fostering stronger trade and tourism ties.
Union Minister Piyush Goyal urged France and India’s Asia-Pacific partners to bolster trade relations, accelerate technological collaboration to address global challenges like climate change, and expand defense partnerships. He highlighted the significant growth potential in India-France bilateral trade and investment, emphasizing the shared democratic values and mutual benefits of a strengthened relationship.
Union Minister Piyush Goyal urged the Indian Chamber of Commerce to champion tourism, support startups, and empower women entrepreneurs. He emphasized the need for global collaboration, language skills, and leveraging India’s technological advancements to drive economic growth.
India’s Commerce Minister Piyush Goyal has clarified his earlier statements on e-commerce, emphasizing that he supports the sector and welcomes Foreign Direct Investment (FDI) in it. His initial comments, which expressed concerns about e-commerce’s impact on small retailers, had raised anxieties in the industry. Goyal’s clarification aims to alleviate these concerns and reaffirm the government’s commitment to fostering a balanced e-commerce ecosystem.
Piyush Goyal, a veteran politician and Union Minister with a diverse portfolio, is set to contest the Lok Sabha election 2024 from the Mumbai North seat. He is confident of a victory for the BJP in Maharashtra and eager to connect with the people directly as an MP. Goyal believes his experience in various roles will enable him to better understand and address the issues faced by the constituency. He also dismisses concerns about moving to New Delhi after being elected, emphasizing his commitment to staying connected and working for the development of North Mumbai.
