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Efforts on to restore rare earth imports, says govt

The Morning Standard

|

August 15, 2025

The Ministry of Commerce has designed a four-pillar strategy to help exporters withstand the impact of US President Donald Trump's new tariffs on Indian goods and broader geopolitical disruptions, according to senior government officials.

- Pushpita Dey @ New Delhi

The plan aims to enhance exports to 50 countries that together account for over 90% of India's export basket, with the aim of sustaining growth even if global trade turbulence persists.

The four-pillars strategy focuses on improving export competitiveness, bolstering promotion, and diversifying both export and import markets.

Between April-July FY25 and FY26, India logged export growth in 26 destinations, including Canada, Spain, China, Hong Kong and South Korea, while shipments to 14 markets like Turkey, Indonesia, Malaysia, and the Netherlands fell.

Of the 50 countries under review, 20 have been deemed of particular significance, with 30 more under consideration—with a special focus in Asian economies, as the World Trade Organization (WTO) projects stronger trade expansion in Asia.

"We are looking at these 50 countries which constitute more than 90% of our export basket. So, out of more than 193 countries, we are focusing now on these 50 select countries where export potential is very high, where they import a lot from the rest of the world but not from India and how we can diversify our exports in these countries," said an official from the ministry.

MEER VERHALEN VAN The Morning Standard

The Morning Standard

RISING FROM SILENCE MEDAL BY MEDAL

A para-athlete, coach, entrepreneur, and enabler for the disabled, she stands tall-a proof that destiny may cripple legs but never the will

time to read

3 mins

November 30, 2025

The Morning Standard

The Morning Standard

MCD decision on use of cow dung for funeral may increase pollution: Experts

WITH MCD deciding to start using cow dung cakes at crematoriums, experts have pointed out that scientific literature confirms that burning cow dung cakes worsen pollution levels further.

time to read

1 min

November 30, 2025

The Morning Standard

Haute and Cold

A pop of colour or sparkle with sequins—there’s something for every style mood this season

time to read

2 mins

November 30, 2025

The Morning Standard

The Morning Standard

Former B'desh PM Khaleda Zia seriously ill, says aide

BANGLADESH Nationalist Party (BNP) chairperson and former premier Khaleda Zia is still \"seriously ill\", and may require treatment abroad if her condition stabilises, a close aide said on Saturday.

time to read

1 min

November 30, 2025

The Morning Standard

AFTER HIDMA, FORCES AIM AT DEVUJI, GANESH

WITH dreaded Madvi Hidma getting eliminated, the security forces are now approaching the finish line in completely annihilating the Naxal menace in the country. However, officials in the security grid are of the view that the task remains incomplete till Devuji and Ganesh Ukey are neutralised.

time to read

1 mins

November 30, 2025

The Morning Standard

NATIONALISM REPLACES DEAD GLOBALISM

ONALD Trump did not wait for the Johannesburg G20 to conclude before unilaterally delivering what may be remembered as the most decisive blow to multilateralism.

time to read

4 mins

November 30, 2025

The Morning Standard

Malaysia, Dutch off to winning start

MALAYSIA and Netherlands started their FIH Men’s Junior World Cup campaign on a positive note, getting the better of Austria and England respectively in Pool E matches in Madurai on Saturday.

time to read

1 min

November 30, 2025

The Morning Standard

15% drivers in ride booking apps must be women, HC tells Raj govt

Court issues 35-point order aimed at strengthening state’s counter to spurt in cybercrimes

time to read

2 mins

November 30, 2025

The Morning Standard

The Morning Standard

How KISS University is Rewriting India’s Tribal Story

The Past: When Arms Replaced Books

time to read

3 mins

November 30, 2025

The Morning Standard

The Morning Standard

Pak to be blamed for Op Sindoor: Singh

Defence minister says empathy central to public service

time to read

1 mins

November 30, 2025

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