Piyush Goyal is a senior Bharatiya Janata Party (BJP) leader and the Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles in the Narendra Modi-led BJP government at the Centre. A Leader of the Rajya Sabha, he has been representing Maharashtra in the Rajya Sabha since 2010. He earlier served as Minister of Railways between 2017 and 2021. In the previous term of the BJP government, Goyal had also donned the hat of the finance minister twice in 2018 and 2019, standing in for then Finance Minister Arun Jaitley during phases of the latter’s ailment. Goyal presented the Interim Budget for 2019-20, ahead of the Lok Sabha elections. During his 35-year long political career, he held several other portfolios -- Minister of Coal (2014-19), Minister of State (I/C) for Power, New and Renewable Energy (2014-17), and Mines (2016-17). He has been the National Treasurer of the BJP. Goyal was an all-India second rank holder Chartered Accountant (CA) and second rank holder in Law in Mumbai University. Before joining politics, he worked as an investment banker and advised top corporates on management strategy and growth. He also served on the board of India’s largest commercial bank, the State Bank of India and Bank of Baroda as Government nominee. More
The decision will be a game-changer for the success of the government's Open Network For Digital Commerce (ONDC) platform, the minister added.
Goyal said the government wants to open up more exhibition space for handicrafts at existing government premises but is wary of only a few players cornering most of the showroom space either directly or by setting up different entities.
Goyal also said that the country’s economy is growing at a healthy pace even in the current challenging times because of the ongoing war between Ukraine and Russia and Covid-19 pandemic.
Commerce and Industry Minister Piyush Goyal has attributed the upcoming flurry of trade talks to a direct impact of India’s firm, yet inclusive, leadership at the recently-concluded 12th Ministerial Conference (MC12) of the World Trade Organisation (WTO).
New Delhi, Jun 20 The proposed free trade agreement with the European Union, when implemented, will provide greater market access for several domes..
Members of the Geneva-based WTO secured a 'Geneva Package' which included agreements on curbing harmful fishing subsidies and temporary patent waiver for production of COVID-19 vaccines.
Brussels, Jun 18 With India and the European Union (EU) formally resuming negotiations for proposed agreements on trade, investments and geographic..
The negotiations took place in Brussels, over a year after India and the EU announced to resume the talks for a balanced and comprehensive trade pact.
Despite a robust worldwide campaign against Indian farmers and fishermen, India was able to get a favourable conclusion at the WTO after many years, commerce and industry minister Piyush Goyal said here on Friday.
India was a major component of the talks on almost all tricky issues during the four-day WTO ministerial conference, which had to be extended by two days to bridge differences among member-nations.
The World Trade Organization ministers reach historic agreements on response to fishing subsidies, food insecurity and Covid-19 vaccines in a landmark bundle of agreements secured through hectic round-the-clock talks.
"India is 100% satisfied with the outcome of WTO's MC12 conference. India was successful in ensuring the livelihood of its farmers and fishermen," Goyal said.
India has pushed for a stronger global agreement to battle overfishing based on the principles of 'common but differentiated responsibility and 'polluter pays' whereby developed nations that have exploited the most oceanic resources being held responsible for marine ecosystem collapse and cutting back subsidies more.
During an agri intervention in a WTO session, commerce and industry minister Piyush Goyal said that the World Food Programme (WFP) over the last few years has demonstrated its inability to really ramp up supplies to the countries in distress.
Piyush Goyal said that the member countries of the World Trade Organisation (WTO) have let down the people of the LDCs (least developed countries) and developing nations.
Meanwhile, a source said that there is a discussion in the WTO (World Trade Organisation) on issuing a declaration that says countries will not impose export restrictions on the procurements made by WFP (World Food Programme).
.The G33 group includes 47 developing and least developed countries. The minister said that the Agreement on Agriculture of the WTO — which is already riddled with deep imbalances — favour the developed countries, which have created the rules against many developing countries and that is quite evident from what is happening in different parts of the world today.
The port city of Kochi is lagging in cleanliness and the local bodies as well as the Kerala government has to take responsibility for it, Union Commerce and Industries Minister Piyush Goyal said on Tuesday.
Addressing the media, Goyal said negotiations were progressing for such agreements with the United Kingdom and Canada and the effort was undertaken to provide market access and opportunities for exporters in the country.
On May 13, the government banned wheat exports to control domestic prices.
On Thursday, the consumer affairs ministry said the government will soon come out with a legal framework to stop restaurants from imposing service charges on customers as the practice is "unfair".
The minister for Textiles and Commerce & Industry held an interactive meeting with the newly constituted Textile Advisory Group in Mumbai on Saturday to address issues relating to augmenting present supplies of cotton and also strengthening productivity.
During a curtain raiser event on Thursday evening for the annual UK-India Week by India Global Forum (IGF) scheduled from June 27, Goyal pointed to the FTAs concluded at speed with the UAE and Australia as a sign of things to come.
The world's second biggest producer of wheat banned private overseas sales of the grain on May 14 after a scorching heat wave curtailed output and domestic prices hit a record high. Global wheat prices surged after the decision.
Addressing a breakfast session organised by the industry body CII and Deloitte on the sidelines of the World Economic Forum Annual Meeting 2022 here, he also said the presence of India has been very very noticeable this time in Davos.