Piyush Goyal calls for WTO-compliant measures to address global trade distortions at G20 meet
- Piyush Goyal called for WTO-compliant measures to address global trade distortions at a G20 meeting
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West Bengal finance minister calls for scrapping Urban Land Ceiling Act
- Swapan Dasgupta urged organised real-estate players to invest in West Bengal
- He cited land laws and tenancy issues as impediments to the state’s development
- Land-law changes could open development opportunities for Indian real-estate companies active in West Bengal
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Goyal says India has no structural excess manufacturing capacity in identified sectors
- Commerce and Industry Minister Piyush Goyal said India lacks structural excess capacity in sectors identified by the G20 Presidency
- The assessment informs expectations for Indian manufacturers and trade policy
West Bengal finance minister says Urban Land Act has to go
- Swapan Dasgupta called for repealing the Urban Land Ceiling Act to support development in West Bengal
- Developers said the law creates challenges in acquiring large parcels of land
- Repeal could ease land assembly for West Bengal property developers
Commerce Minister Goyal defends India against U.S. forced labour and excess capacity investigations
- Goyal defended India against U.S. forced-labour and excess-capacity investigations
- The U.S. has already imposed a 10% forced-labour tariff on imports from India
- The tariff and investigations expose Indian exporters to higher trade costs and uncertainty