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After 6-year-gap, India-Myanmar border trade at Pangsau Pass set to resume on July 20

Border trade between India and Myanmar at Pangsau Pass, suspended for more than six years, is set to resume on July 20, following a bilateral meeting between trade bodies from both sides.

The trade link, which remained shut since Feb 3, 2020, due to the COVID-19 pandemic, will reopen after representatives of the Pangsau Bazaar Committee and the Nampong Border Trade Business Association (NBTBA) met their Myanmar counterparts at the Border Haat near Nampong in Arunachal Pradeshโ€™s Changlang district on July 9 to finalise modalities for the resumption.
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For more details -The Times of India

#trade #commerce
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India's First Vande Bharat platform based Freight Train undergoing technical trials in the Kota Section of Rajasthan!!

The train reached speeds of upto 145km/hr in the trials with plans to increase it to even more within the next few days!!


Trials will keep on going for the next month!!


A truly visionary step towards improving logistics for delivering items related to e-commerce platforms and other perishable goods which is too costly to be sent by plane and too slow to be sent by normal goods train!!

#Railways #commerce
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Rs 33,660 Crore BHAVYA Scheme Receives 87 Proposals In First Round Of Phase-1 As Centre Targets 100 Industrial Parks Across India


The Centre has received 87 proposals from various state and Union Territory governments under the Bharat Audyogik Vikas Yojana (BHAVYA) Scheme in the first round of Phase-I, which closed on 31 July, the government told the Parliament !!


Out of these proposals Maharashtra leads with 14 proposals, followed by Madhya Pradesh with 11, while Uttar Pradesh and Tamil Nadu submitted seven proposals each, with Andhra Pradesh and Gujarat contributing six proposals each.


It is believed that 20 proposals amongst these will be greenlit in the first approval phase!!


#makeinIndia #commerce
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Ladies and Gentlemen Peter Navarro is back with his stupid comments once again!! Looks like it is soon going to be another Round of Indian Twitteratti vs Peter Grandpa!!


"India is well on our radar screen," says White House advisor Peter Navarro after releasing report accusing India and other nations of helping Chinese goods evade US tariffs


#trade #commerce
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India's retail inflation rises to 4.82 percent!

Whereas Wholesale Inflation nears 10 percent!

The above map shows inflation rates all over India!!


#commerce
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