Business Terminology

Conformity Assessment Scheme: A respite for Indian dairy industry?

On 23rd December 2021, PM Modi launched a unified logo and portal dedicated to the Conformity Assessment Scheme in Varanasi. Prior to this, the National Dairy Development Board (NDDB) and Bureau of In...

Organic certification
National Programme for Organic Production (NPOP)

National Programme for Organic Production (NPOP) offers information on systems, criteria and procedure for accreditation of inspection and certification bodies, the national organic logo....

Gati_Shakti_Scheme_TPCI
Gati Shakti Scheme: A boost to infrastructure development

The government’s strong push to infrastructure through the Gati Shakti scheme provides a positive impetus for much-needed post-pandemic economic growth. States have a crucial role in the success of...

RoDTED_TPCI
Remission of Duties and Taxes on Exported Products (RoDTEP Scheme)

On 17th August 2021, the government released the guidelines and refund rates that would be followed under the RoDTEP scheme for 8,555 tariff lines. On agricultural goods which account for 13.6% of Ind...

TPCI_PLI
Production Linked Incentives scheme

The Production Linked Incentives (PLI) scheme aspires to invite foreign investors to establish their manufacturing units in India and encourage the local manufacturers to expand their units and genera...

Export Promotion Capital Goods Scheme TPCI.
Export Promotion Capital Goods Scheme

EPCG scheme aims to facilitate the import of capital goods with the purpose to produce good quality merchandise and service and improve India’s competitiveness in manufacturing. For this purpose, th...

Advance-Authorization-Scheme-tpci
Advance Authorisation Scheme

The Advance Authorisation Scheme under FTP 2015-20 allows the manufacturer exporters and merchant manufacturers to imports inputs duty-free. All items except import items prohibited in ITC (HS) and th...

TPCI_De-minimis
De minimis

The WTO defines de minimis provision as the “minimal amounts of domestic support that are allowed even though they distort trade”....

Franchise

Franchises allow businesses to use market-tested products & services, and in many cases established brand recognition. But they entail heavy start-up costs....

Global value chains (GVCs)
Business Terminology : Global value chains (GVCs)

Intermediate products cross several borders in GVCs in different stages of production before they are turned into final goods for consumption....

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