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It was established by the Agriculture and Processed Food products Export Development Authority Act passed by the Parliament of India in December 1985, which came into force on 13 February 1986. The Authority replaced the erstwhile Processed Food Export Promotion Council (PFEPC). [2]
The following is a list of Export Promotion Organisations [1] in India, it includes Export Promotion Councils, Commodity Boards and Export development authorities. These are Non-Profit Organizations that are responsible for developing and promoting the export industry of India.
It was constituted on 24 August 1972 by the provisions of the Marine Products Export Development Authority Act 1972 (No.13 of 1972) under the Ministry of Commerce and Industry, Government of India, replacing the erstwhile Marine Products Export Promotion Council established in September 1961. Its mandate is to promote the export of marine ...
Spices Board was constituted in 1987 () under Spices Board Act 1986 with the responsibility of production/development of cardamom and export promotion of 52 spices shown in the schedule of the Act. The board has a state-of-the-art testing laboratory at its headquarters in Kochi.
Federation of Indian Export Organisations (FIEO) is the apex trade promotion organisation in India set up by the Ministry of Commerce, Government of India, and the private trade and industry segment in 1965. The organisation is responsible for representing and assisting Indian entrepreneurs and exporters in foreign markets.
India has specific laws for its SEZs. India was one of the first countries in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla in 1965. In order to overcome the shortcomings experienced on account of the multiplicity of controls and clearances; absence of ...
The Act was collectively passed as part of the 2020 Farm Bills. The Government of India has transferred the money for the wheat procured by the Food Corporation of India (FCI) in April, 2021, directly to the Bank Accounts of Farmers - an amount of Rs 13.71 crore benefiting around 1.6 lakh farmers in Punjab has been transferred online. [4]
The Government of India review [2] the DEPB rates after getting the appropriate an export import data on FOB (shipping) value of exports and Cost, Insurance and Freight (CIF) value of inputs used in the export product, as per SION. Such data and information is usually obtained from the concerned Export Promotion Councils.