Commerce and Industry Ministry

March 28, 2025 12:25 PM

90th Network Planning Group meeting evaluates key infrastructure projects under PM GatiShakti

The 90th meeting of the Network Planning Group (NPG) was held in Delhi on Thursday to assess key infrastructure projects in the Road, Railway, and Metro sectors. The discussion centred on advancing multimodal connectivity and improving logistics efficiency in line with the PM GatiShakti National Master Plan (PMGS NMP), as stated by the Ministry of Commerce & Industry. Five projects were reviewed during the meeting, including two road projects, two railway projects, and one metro project. Th...

March 18, 2025 11:36 AM

Government e marketplace surpasses Rs.5 lakh crore GMV ahead of FY 2024-25 year-end

The Government e-Marketplace (GeM) has reached a significant milestone by crossing Rs.5 lakh crore in Gross Merchandise Value (GMV), just weeks before the financial year 2024-25 concludes. This achievement underscores GeM’s rapid growth as a key platform for public procurement, benefiting over 1.6 lakh government entities across India. According to a statement from the Ministry of Commerce & Industry on Monday, the platform's growth has been particularly impressive, with the leap from Rs....

February 14, 2025 1:41 PM

WPI inflation slows to 2.31% in January as food prices ease

India's annual Wholesale Price Index (WPI) inflation eased to 2.31% in January 2025 from 2.37% in December 2024, according to data released by the Commerce and Industry Ministry on Friday. Month-over-month, the WPI declined by 0.45% in January, driven by lower food prices. The index for primary articles fell by 2.01% as food article prices dropped by 3.62%. However, prices of crude petroleum and natural gas (6.34%), non-food articles (0.66%), and minerals (0.22%) increased. Inflation in the fu...

January 16, 2025 12:38 PM

Startup India marks nine years: 1.59 lakh startups recognised, 16.6 lakh jobs created

India celebrates the ninth anniversary of the Startup India initiative on Thursday, a program that has transformed the country into the world’s third-largest startup ecosystem. Observed annually on January 16 as National Startup Day, the initiative has led to the recognition of 1.59 lakh startups by the Department for Promotion of Industry and Internal Trade (DPIIT) as of January 15. It has also generated over 16.6 lakh direct jobs between 2016 and October 31, 2024. According to a statement ...

December 2, 2024 5:41 PM

Global south not to blame for environmental damage: Piyush Goyal

Commerce and Industry Minister Piyush Goyal, speaking at the inaugural session of the CII Partnership Summit 2024, on Monday, said that the Global South is not responsible for the environmental damage caused by the exploitation of low-cost energy by developed nations. Ministers and officials from countries such as Italy, Israel, Bhutan, Bahrain, Algeria, Nepal, Senegal, South Africa, Myanmar, Qatar, and Cambodia participated in the event. Goyal highlighted that each of the partne...