Import/Export Industry Notifications
18 April 2020
ECONOMIC TIMES | Areas have been divided into two zones- Containment zone and Buffer Zone
18 April 2020
Detailing the government's plan to contain the local outbreak of COVID-19, the affected areas have been divided into two zones- Containment zone and Buffer Zone. The containment zones are created to map the local transmission of the disease and prevent the contagion from spreading.
15 April 2020
THE HINDU |The Centre has relaxed the procedure for exporters of agricultural produce to avail Transport and Marketing Assistance
15 April 2020
The Centre has relaxed the procedure for exporters of agricultural produce to avail Transport and Marketing Assistance (TMA) for specified products. Most farm items are covered under the scheme.
15 April 2020
The Loadstar | Unprecedented container congestion to hit exporters as importers fail to collect cargo
15 April 2020
Global container supply chains could face a congestion crisis. The port congestion in some parts of the world might create significant liability issues for shippers globally. The severe lockdown situation has prevented Dockers from going to ports to unload cargo from ships. Truckers are unable to collect import cargo from CTs and CFSs, and warehouse capacity is being maxed out.
15 April 2020
KRISHI JAGRAN | The Bank of Baroda has introduced a special COVID-19 loan to help people
15 April 2020
The lockdown due to the COVID-19 outbreak is extended till 3rd May restricting the liquidity of money flow. The Bank of Baroda has introduced a special COVID-19 loan to help people troubled by lack of cash. Information about this scheme through a note is available on the bank’s website.
15 April 2020
ECONOMIC TIMES | Around Rs 9,000 crore worth cashew are stuck in different stages of processing
15 April 2020
The Federation of Indian Cashew Industry in a letter to the Centre has said that around Rs 9,000 crore worth cashew are stuck in different stages of processing at the factories across India due to the lockdown. The delay in permission by various state governments to operate processing units is causing huge loss to the industry.
15 April 2020
ECONOMIC TIMES | Truckers and transporters are increasing prices by as much as 80%
15 April 2020
Truckers and transporters are increasing prices by as much as 80%. The freighter operators are adding surcharges for transportation of goods as they grapple with regulatory challenges, shortage of manpower and a huge slump in supply. This will increase logistics costs for companies and likely in products as well.
15 April 2020
HINDUSTAN TIMES | Most Indian ports have declared force majeure due to the COVID-19 outbreak
15 April 2020
Most Indian ports have declared force majeure due to the COVID-19 outbreak. Cargo clearances and movement are not happening due to the nation-wide lockdown. Cargo terminals are operating at capacities of less than 30%. India’s 7,516.6 km long coastline caters to more than 90% of India’s trading by volume. Allowing some industrial activity and easing liquidity could help the industry.
15 April 2020
MUMBAI MIRROR | 2 Positive cases in Uran ( JNPT )
15 April 2020
Covid-19 has reached Jawaharlal Nehru Port Trust (JNPT) with two positive cases being reported from Uran. One of them is the 40-year-old wife of a CISF jawan who is posted at the port. The other case is a 30-year-old lawyer, son of a businessman who lives near the port. Authorities have now started contact tracing and are quarantining those who came in contact with the CISF jawan as a precautionary measure.
15 April 2020
The Loadstar | COVID-19: the CMA CGM Group builds logistics bridge to supply France with medical equipment
15 April 2020
The CMA CGM Group and its subsidiary CEVA Logistics are mobilizing their expertise and logistical resources to respond to the national emergency. CEVA Logistics is contributing to the logistical bridge arranged from China to the United States and Latin America. Also, they are set to deliver 20 million masks as well as medical supplies to France by 12th April 2020.
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