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Page 3 - Suresh Prabhu

Government wants to extend 'Make in India' plan to planes, drones: Prabhu

India will need more than 1,300 planes in the next few years, he said

Government wants to extend 'Make in India' plan to planes, drones: Prabhu
Updated On : 14 Mar 2018 | 2:40 PM IST

Suresh Prabhu takes additional charge as new civil aviation minister

This comes after the resignation of incumbent Ashok Gajapati Raju of the Telugu Desam Party after the latter parted ways with the NDA government

Suresh Prabhu takes additional charge as new civil aviation minister
Updated On : 12 Mar 2018 | 6:18 PM IST

Suresh Prabhu to replace Gajapathi Raju, take charge as Aviation Minister

TDP's P Ashok Gajapathi Raju had quit as aviation minister on Thursday after his party pulled out of Modi govt

Suresh Prabhu to replace Gajapathi Raju, take charge as Aviation Minister
Updated On : 10 Mar 2018 | 9:04 PM IST

Commerce Minister Prabhu gets additional charge of civil aviation ministry

The President accepted Gajapathi Raju's resignation on Friday

Commerce Minister Prabhu gets additional charge of civil aviation ministry
Updated On : 10 Mar 2018 | 2:32 PM IST

Regulation should be kept at minimum, not stifle industry: Suresh Prabhu

The minister is slated to hold a series of bilateral meetings with his counterparts from many countries, including Australia and the UK, participating at the WEF in Davos

Regulation should be kept at minimum, not stifle industry: Suresh Prabhu
Updated On : 21 Jan 2018 | 1:57 PM IST

Export incentives are investment, not subsidy: Suresh Prabhu

Citing the example of China, he said the country has created several allies by becoming the largest exporter in the world

Export incentives are investment, not subsidy: Suresh Prabhu
Updated On : 27 Nov 2017 | 8:17 PM IST

Prabhu asks industry to set timeline for $1 trillion manufacturing revenue

Commerce & Industry Minister Suresh Prabhu has asked the industry to set a timeline for achieving a USD 1 trillion in manufacturing revenue and take its share in GDP to 20 per cent. The share of manufacturing in GDP has been trending at 16-17 per cent for some years now and the previous Manmohan Singh government had set a target of taking this share to 25 per cent of GDP by the turn of 2025. "The government aims to increase the share of manufacturing in GDP to 20 per cent," the minister told a CII-organised event on the topic here today without offering a timeline to achieve the same. But instead he asked the industry to set a timeline for themselves to achieve this as also to take the value of manufacturing GDP to USD1 trillion. "Without a number it is not possible for the industry to prepare a roadmap for achieving this milestone," he said. To help achieve this, the minister said government is working on getting into the top 50 slot in the World Bank's ease of ...

Prabhu asks industry to set timeline for $1 trillion manufacturing revenue
Updated On : 27 Nov 2017 | 7:15 PM IST

Working on package for gems, jewellery sector: Prabhu

Gems and Jewellery Export Promotion Council has demanded cut in import duty on gold to 4% from the current 10%

Working on package for gems, jewellery sector: Prabhu
Updated On : 27 Nov 2017 | 12:31 AM IST

Business plan based on market research in works to promote exports: Prabhu

Proper market segmentation is the need of the hour to understand the potential of domestic goods and services, says Suresh Prabhu

Business plan based on market research in works to promote exports: Prabhu
Updated On : 23 Nov 2017 | 2:07 PM IST

At WTO meet, Prabhu seeks cut in large farm subsidies of developed nations

Commerce and Industry Minister Suresh Prabhu, commerce and industry minister, has called for a permanent solution on the issue of public stockholding of foodgrain, at the Ministerial Conference in Argentine this December of the World Trade Organization (WTO).At the WTO 'mini ministerial' meet in Morocco, ending Tuesday, the Indian government reiterated the stance that issues from the Doha Development Agenda needed to be uniformly reaffirmed.In his first brush with the WTO system and the 35 trade ministers from key economies, after taking charge as commerce minister last month, Prabhu led discussions on behalf of developing economies. He stressed that older issues based on agriculture should be sorted before member nations move on to newer issues such as a proposed set of global rules for e-commerce.WTO called the two-day Morocco meet to agree on an agenda for the December summit, a senior commerce and industry ministry official said. Prabhu reiterated that the agreed objectives of ...

At WTO meet, Prabhu seeks cut in large farm subsidies of developed nations
Updated On : 12 Oct 2017 | 1:30 AM IST

Govt will step up fiscal incentives to create jobs, boost industry: Prabhu

He also said that he would ensure that entrepreneurship would blossom in India

Govt will step up fiscal incentives to create jobs, boost industry: Prabhu
Updated On : 05 Oct 2017 | 3:46 PM IST

Suresh Prabhu calls for global financial architecture

Prabhu also said he would soon visit Washington DC to meet the US Commerce Secretary and the trade representatives in the US to hold discussions on trade and commerce related issues

Suresh Prabhu calls for global financial architecture
Updated On : 30 Sep 2017 | 4:35 AM IST

Working with FinMin, NITI Aayog to resolve exporters' issues: Suresh Prabhu

Prabhu said that ensuring growth of exports was the priority of the ministry

Working with FinMin, NITI Aayog to resolve exporters' issues: Suresh Prabhu
Updated On : 21 Sep 2017 | 2:03 AM IST

Will remove obstacles, promote start-ups in the country, says Suresh Prabhu

Prabhu says the 'Power of the State' will push the start-up ecosystem towards greater success

Will remove obstacles, promote start-ups in the country, says Suresh Prabhu
Updated On : 07 Sep 2017 | 4:15 PM IST

Commerce ministry to bring policy for agri exports soon, says Suresh Prabhu

Says his ministry will work on developing the global supply chain for the agriculture sector

Commerce ministry to bring policy for agri exports soon, says Suresh Prabhu
Updated On : 05 Sep 2017 | 1:06 PM IST

Suresh Prabhu gets briefings on Day 1 at Commerce Ministry

New commerce and industry minister Suresh Prabhu went into briefings from officials on pressing issues, separately from the department of commerce and from the department of industrial policy and promotion.A senior commerce official said further sessions with the minister had been scheduled. Prabhu then went to the prime minister's office for a meeting and also to his earlier charge at the railways ministry, to attend an event.It is unclear whether he will embark on a three-day visit to Russia's port city of Vladivostok. External affairs minister Sushma Swaraj would be there from Tuesday, for the third Eastern Economic Forum meet.Prabhu will have to get a handle on the mid-term review of the Foreign Trade Policy, earlier set to be issued this month. Officials say this might now be postponed till early October. He will also get only three months to acquaint himself with pending issues at the World Trade Organization before the ministerial conference in December. India is hard pressed ..

Suresh Prabhu gets briefings on Day 1 at Commerce Ministry
Updated On : 05 Sep 2017 | 12:23 AM IST

Union Minister Suresh Prabhu takes charge of commerce & industry ministry

Prabhu is taking charge of the commerce department at a time when export growth is waning

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Updated On : 04 Sep 2017 | 12:49 PM IST

Suresh Prabhu as commerce minister: Infra man has to kick-start industrial growth

On agenda will be at least 16 free trade agreements that India is negotiating with nations

Suresh Prabhu as commerce minister: Infra man has to kick-start industrial growth
Updated On : 04 Sep 2017 | 11:21 AM IST

Shift to Commerce Ministry from Railways no demotion, says Suresh Prabhu

Development comes after Prabhu took moral responsibility for the Kalinga Utkal Express' derailement

Shift to Commerce Ministry from Railways no demotion, says Suresh Prabhu
Updated On : 03 Sep 2017 | 9:38 PM IST

Prabhu takes moral responsibility of train accidents, Modi asks him to wait

I am extremely pained by the unfortunate accidents, injuring passengers: Suresh Prabhu

Prabhu takes moral responsibility of train accidents, Modi asks him to wait
Updated On : 23 Aug 2017 | 3:50 PM IST