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India Today
2 hours ago
- India Today
We negotiate confidently: Minister's signal to US after landmark UK trade pact
India will continue to negotiate future trade agreements from a position of strength, Commerce Minister Piyush Goyal said on Sunday, days after signing a landmark free trade pact with the UK.'India today negotiates from a position of strength, a position of confidence,' Goyal said. 'It is this very confidence that continuously encourages us to make good free trade agreements.'The India-UK Free Trade Agreement (FTA), officially called the Comprehensive Economic and Trade Agreement, was signed on Thursday in the presence of Prime Minister Narendra Modi and his British counterpart Keir Starmer. Goyal and UK Business Secretary Jonathan Reynolds inked the deal in what both sides hailed as a major step in deepening bilateral economic Previously, Goyal termed the FTA "game-changing", and said it would benefit farmers, youth, the MSME sector, and industries. With the pact in place, 99 per cent of Indian exports to the UK will now be duty-free, he Union Minister had asserted that the agreement had been signed 'confidently' and on 'India's terms,' with sensitive sectors like agriculture and ethanol carefully ahead, Goyal made it clear that India will adopt the same confident and calculated approach in talks with other trade partners.'In the future as well, whether it is New Zealand, Oman, the United States, or the 27-nation European Union, India's agreements will be made with a well-thought-out strategy,' he declining to offer specifics on the long-delayed India-US trade deal, Goyal maintained optimism about a breakthrough. In a recent BBC interview, he said,'Our discussions with the United States are progressing very well. I am fully confident that by the October-November 2025 timeline, we will secure a good agreement, as decided by Prime Minister Modi and US President Trump for a bilateral trade agreement,' he US has set August 1 as a deadline for India and several other countries to finalise trade deals or face steep tariffs. Trump had earlier imposed 26 per cent duties on Indian goods, announced in April as part of a broader trade policy initiative. While the measures were initially paused until July 9, the deadline was later Indian delegations have visited Washington in the last few months to hammer out details of the trade agreement, but negotiations have stalled over duties on auto components, steel, and agricultural products. Talks are expected to resume next Trump has also expressed optimism, saying last week that Washington and New Delhi were 'very close' to finalising an interim trade agreement. Both sides are aiming to clinch a full bilateral deal by the end of this year.- EndsTune InMust Watch
Time of India
3 hours ago
- Time of India
BSNL plans 4,000 new mobile towers in Naxalite-affected areas of Chhattisgarh: MoS Telecom
Bharat Sanchar Nigam Limited plans to install four thousand mobile towers in Chhattisgarh. These towers will be in Naxal-affected areas. Pemmasani Chandra Sekhar shared this during his Chhattisgarh visit. The project aims to boost digital communication. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Telecom 1. India-UK FTA to pave way for transborder telecom operations in non-discriminatory manner New Delhi: State-run BSNL is working on a plan to install 4,000 new mobile towers in Naxalite-affected areas of Chattisgarh, Minister of State for Telecom and Rural Development Pemmasani Chandra Sekhar said on minister shared the information during a three-day visit to in Chhattisgarh to review central government schemes, including Aspirational District programme, and projects under telecom and rural development ministries."The central government is working on a plan to install 4,000 new BSNL towers in the Naxalite-affected and remote areas of Chhattisgarh to strengthen digital communication. This information was shared by Union Minister of State for Rural Development and Telecommunications Dr Pemmasani Chandra Sekhar in Raipur," the statement said the installation of these towers will be carried out in phases after obtaining necessary approvals from security forces and the forest department."BSNL is providing high-quality 4G services across the country, and with this expansion, we are realising the mission of delivering digital connectivity to the last village in the country," the minister said development work in Naxalite-affected areas is being carried out in 'mission mode' and a strategy is being adopted to deliver services door-to-door in these regions."Schools in these regions are being digitised, enabling students to better prepare for competitive exams like JEE and NEET. In addition, special facilities are also being provided for differently-abled students, which is a sensitive and inclusive initiative," the minister chaired a high-level review meeting held in Raipur, in which senior officials from the Department of Rural Development, Department of Posts, Department of Telecommunications, and Bharat Sanchar Nigam Ltd (BSNL) the meeting, the minister expressed satisfaction over the fast and effective implementation of flagship schemes like the Pradhan Mantri Awas Yojana (PMAY), Pradhan Mantri Awas Yojana Gramin (PMAY-G), and the Pradhan Mantri Gram Sadak Yojana (PMGSY), the statement appreciated the role of self-help groups and said innovative initiatives like the 'Pink Auto' scheme are being implemented in Chhattisgarh to empower and make women self-reliant."SHGs are being linked with various schemes to provide them financial assistance, training, and marketing opportunities. This is helping women become self-reliant and increasing opportunities for self-employment," the minister said.
Mint
3 hours ago
- Mint
India-UK trade deal: Govt to hold 1,000 outreach programmes to increase industry awareness about FTA
India-UK trade deal: The Indian government will organise nearly 1,000 outreach programmes, including stakeholder meetings, workshops, awareness drives and feedback sessions to increase industry awareness about the India-UK trade deal, reported the news agency PTI, citing people aware of the development on Sunday, 27 July 2025. These 1,000 outreach programmes will be organised in the next 20 days across the whole country to boost industry familiarity and ensure effective implementation and maximise benefits from the comprehensive economic and trade agreement (CETA), according to the agency report. India and the United Kingdom (UK) signed a comprehensive economic and trade agreement (CETA) on Thursday, 24 July 2025. The people aware of the development told the news agency that the government plans to host sector-wise outreach programmes, and also instructed the respective Ministries to hold programmes on the arrangement. According to the agency report, teams will be visiting different states to inform them about the benefits of this India-UK trade deal. Union Minister for Commerce and Industries, Piyush Goyal, will hold a meeting on Monday, 28 July 2025, with the nation's leather and textiles sector, discussing the trade agreement. 'I will be having sectoral meetings with every sector till the Parliament is going on and after that I will go to all states,' said Goyal, cited in the agency report. Goyal also has plans to visit Odisha, Andhra Pradesh, Maharashtra, and Tamil Nadu, to discuss about opportunities for the nation's fishing industry with the local fishermen community. 'I will visit tech centres of Hyderabad, Bengaluru, Pune, Mumbai, Gurugram (and inform) how the double contribution convention pact (DCC) will help them expand their services exports,' said Goyal, according to the agency report. 'We will be sensitising the sectors to get the best out this agreement.' Bihar's Bhagalpur silk, Jammu and Kashmir's (J&K) Pashmina shawls, Maharashtra's Kolhapuri chappal, Tamil Nadu's Thanjavur dolls, West Bengal's Baluchari sarees, Gujarat's tie-dye textile art Bandhini, Kanchipuram sarees, and Tiruppur knitwear are among other key goods which will now have a chance to appear on the shelves in malls and shops across the United Kingdom. 'We will send delegations to UK ...and prepare the ground work in the next few months while their parliamentary approval is going on so that we can start leveraging the FTA as soon as it is operational,' said Goyal, cited the news agency. Once the India-UK trade deal comes into effect, it will cut 99% of the tariffs imposed on Indian export goods. In exchange, India will also extend tariff cuts on multiple UK-manufactured products, as both nations aim to boost trade relations to $56 billion by 2030.
