Gujarat Chamber of Commerce & Industry


Thu, 10 July 2014

Trade & Industry

Economic Survey 2014: Iron ore mining ban led to negative growth in cargo traffic

Iron-ore cargos recorded negative growth of 13 per cent in 2013-14 mainly due to domestic mining ban on the commodity even as overall container traffic at the ports grew 5 per cent to 980.49 million tonnes, according to the Economic Survey.

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Economic & Finance


The Budget session of Parliament will be held from July 7 to August 14 and the first General Budget of the Narendra Modi government will be presented on July 10.

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International Affairs

ICC Global Survey on Trade Finance

We are pleased to inform you that recently ICC has released ICC Global Survey on Trade Finance – titled “Rethinking Trade and Finance”.The Global Survey includes data from 298 banks across 127 countries. The Survey concludes that the growth rate of international trade has dropped drastically when compared to the years prior to the global financial crisis. You may download the complete ICC Global Survey on Trade Finance here

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CMA CGM Group has signed an agreement with Adani Ports for a 4th Container Terminal in Mundra

CMA CGM Group is pleased to announce that it has signed with Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and part of Adani Group, an agreement for the development of a new common user Container Terminal at Mundra Port. This will be the 4th Container Terminal in Mundra and will be a 650 meters terminal along with 27 hectares of back area capable of handling 1.3 million TEUs annually.

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Important Notifications / Circulars

Govt revises format of OBC caste certificate

The format of the caste certificate for Other Backward Class (OBC) has been revised to make it easier for them to get the benefit of reservation. Difficulties were being faced as the caste certificate had space for mentioning the name of the caste or community but no space for indicating the specific resolution by which the said caste or community has been included in the central list of OBC.

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Future Projects

Govt to set up 16 NIMZs to boost manufacturing

Under the National Manufacturing Policy, the government has proposed setting up of 16 National Investment and Manufacturing Zone (NIMZs). The policy aims at enhancing the share of manufacturing in GDP to 25 per cent within a decade and creating 100 million jobs. NIMZs are conceptualised as integrated industrial townships of at least 50 sq km (5,000 hectares) with world class infrastructure. Of 16 NIMZs, eight are along the Delhi-Mumbai Industrial Corridor (DMIC)

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