Home› India› Ministry of Commerce and Industry› Supply of essential commodities to the Republic of Maldives ...
Date: 05-Apr-2024 Category: Extra Ordinary State: Union Government Country: India

Supply of essential commodities to the Republic of Maldives during 2024 25

Issued by Ministry of Commerce and Industry · Directorate General of Foreign Trade

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

What it means

  • This notification from the Directorate General of Foreign Trade (DGFT) allows the export of specific quantities of essential commodities to the Republic of Maldives during the fiscal year 2024-25 under a bilateral trade agreement between the Indian and Maldivian governments.
  • The allowed commodities include eggs, potatoes, onions, rice, wheat flour, sugar, dal (pulses), stone aggregates, and river sand.
  • Exports of these items to the Maldives are exempted from any existing or future export restrictions or prohibitions during the specified period.

Key Changes

  • The notification specifies the exact quantities of each commodity allowed for export to the Maldives during FY 2024-25:
  • Eggs: 427,536,904.20 nos
  • Potatoes: 21,513.08 MT
  • Onions: 35,749.13 MT
  • Rice: 124,218.36 MT
  • Wheat Flour: 109,162.96 MT
  • Sugar: 64,494.33 MT
  • Dal: 224.48 MT
  • Stone Aggregate: 1,000,000.00 MT
  • River Sand: 1,000,000.00 MT
  • CAPEXIL is responsible for ensuring that suppliers/extractors of River Sand and Stone Aggregate have obtained the necessary clearances and that mining is not conducted in Coastal Regulation Zones.
  • Exporters of River Sand and Stone Aggregate must obtain environmental clearances/No Objection Certificates from the designated nodal authority of the respective State Governments from where the river sand is sourced.
  • The permission for exporting River Sand and Stone Aggregate is subject to any State legislation/judicial orders related to the mining of these materials.

Impact Analysis

Impact on Indian Exporters

  • The notification provides clarity and certainty for exporters planning trade with the Maldives for FY 2024-25.

Impact on Maldives

  • The bilateral trade agreement strengthens economic ties between India and the Maldives.

Impact on CAPEXIL

  • CAPEXIL has a responsibility to ensure that suppliers/extractors of River Sand and Stone Aggregate adhere to environmental regulations and possess the necessary clearances. This adds an oversight and compliance verification role for CAPEXIL.

Suggested Action Items for Exporters

  • All exporters should stay informed about any updates or amendments to the notification and related regulations.

Key Entities Referenced

Directorate General of Foreign Trade (DGFT): The issuing authority of the notification, responsible for regulating and promoting foreign trade in India. Government of India: One of the parties in the bilateral trade agreement with the Government of Maldives. Government of Maldives: One of the parties in the bilateral trade agreement with the Government of India, benefiting from the assured supply of essential commodities. CAPEXIL: An export promotion council responsible for ensuring compliance with environmental regulations for River Sand and Stone Aggregate exports. Foreign Trade (Development & Regulation) Act, 1992: The primary legislation empowering the Central Government to regulate foreign trade. Foreign Trade Policy (FTP), 2023: The overarching policy framework guiding India's foreign trade activities. State Governments: Relevant state governments from where River Sand is sourced. Their designated nodal authorities are responsible for issuing environmental clearances/No Objection Certificates.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-05042024-253572 CG-DxLx-xEG-I0D5H0x4x2x0 24-253572 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1541] नई दिल्ली, िुक्रवार, अप्रलै 5, 2024/चत्रै 16, 1946 No. 1541] NEW DELHI, FRIDAY, APRIL 5, 2024/CHAITRA 16, 1946 ubZ fnYyh] 5 vizSy] 2024 .—fon's k O;kikj uhfr ¼,QVhih½ 2023 ds iSjk 1-02 vkSj 2-01 ds lkFk ifBr ;Fkk la’kksf/kr fon's k O;kikj ¼fodkl vkSj fofu;eu½ vfèkfu;e 1992 ¼o"kZ 1992 dh la[;k 22½ dh èkkjk 5 ds lkFk ifBr èkkjk 3 }kjk çnÙk 'kfä;ks adk ç;ksx djrs gq,] dsUnz ljdkj ,rn}kjk o"kZ 2024&25 ds nkSjku Hkkjr ljdkj vkSj ekynho ljdkj ds chp f}i{kh; O;kikj le>kSrk ds rgr ekynho x.kjkT; dks vaMs] vky]w I;kt] pkoy] xsga w dk vkVk] phuh] nky] LVksu ,xzhxsV~l vkSj fjoj lSaM dh fuEufyf[kr ek=kvks a dks fu;kZr djus dh vuqefr iznku djrh gS% 1. vaMs uEcj 427,536,904.20 2. vkyw ehfVªd Vu 21,513.08 3. I;kt ehfVªd Vu 35,749.13 4. pkoy ehfVªd Vu 124,218.36 2430 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 5. xsgwa dk vkVk ehfVªd Vu 109,162.96 6. phuh ehfVªd Vu 64,494.33 7. ny ehfVªd Vu 224.48 8. LVksu ,xzhxsV~l ehfVªd Vu 1,000,000.00 9. fjoj lSaM ehfVªd Vu 1,000,000.00 2- o"kZ 2024&25 ds nkSjku ekynho x.kjkT; dks mi;qZDRk enks a ds fu;kZr dks fdlh orZeku ;k Hkkoh izfrca/k@fu"ks/k ls NwV izkIr gksxhA 3- fjoj lSaM vkSj LVksu ,xzhxsV~l dh mijksDr ek=k ds fu;kZr ds fy, dSisfDly ;g Hkh lqfuf’pr djsxk fd vkiwfrZdrkZvks@a ,DlVsªDVlZ u s mi;qDr eta wjh izkIr dj yh gS vkSj rVh; fofu;eu tksu {ks= eas jrs dk [kuu ugha fd;k x;k gS] tks rVh; fofu;eu tksu vf/klwpuk ds rgr fuf"kn~/k gSA 4- mi;qZDr ds vykok] fjoj lSaM vkSj LVksu ,xzhxsV~l ds fu;kZr dh vuqefr fu;kZrd }kjk lacaf/kr jkT; ljdkjks]a tgka l s fjoj lSaM izkIr dh tkrh gS ds ukfer uksMy izkf/kdkjh ls vko’;d Ik;kZoj.kh; eta wjh@vukifÙk izek.ki= izkIr dju s ds v/khu gksxhA ;g vuqefr ^fjoj lSaM^ vkSj ^LVksu ,xzhxsV~l^ ds [kuu ls lacaf/kr fdlh Hkh jkT; fo/kk;u@U;kf;d vkns’kks a ds Hkh v/khu gksxhA Ok"kZ 2024&25 ds nkSjku Hkkjr ljdkj vkSj ekynho ljdkj ds chp f}i{kh; O;kikj le>kSrk ds rgr ekynho x.kjkT; dks vaMs] vky]w I;kt] pkoy xsga w dk vkVk] phuh] nky] LVsku ,xzhxsV~l vkSj fjoj lSaM ds fu;kZr dh vuqefr mi;qZDRk iSjk 1 eas nh xbZ rkfydk es a bafxr ek=k ds vuqlkj iznku dh xbZ gSA ekynho x.kjkT; dk s mi;qZDr enks a ds fu;kZr dk s fu;kZr laca/kh fdlh orZeku ;k Hkkoh izfrca/k@fu"ks/k ls NwV izkIr gksxhA [Qk- la- 01@91@171@59@,,e20@bZlh@bZ&20816] larks"k dqekj lkjaxh] egkfuns'kd fons'k O;kikj vkSj inus vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 5th April, 2024 No. 03/2023 Subject: Supply of essential commodities to the Republic of Maldives during 2024-25. S.O. 1624(E).—In exercise of the powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as amended, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2023, the Central Government hereby allows export of the following quantities of Eggs, Potatoes, Onions, Rice, Wheat Flour, Sugar, Dal, Stone Aggregate and River Sand to the Republic of Maldives during 2024-25, under bilateral trade agreement between Government of India and Government of Maldives :- S. No. Commodity Unit Quantity to be allowed for FY 2024-25 1. Eggs Nos. 427,536,904.20 2. Potatoes MT 21,513.08 3. Onions MT 35,749.13 4. Rice MT 124,218.36 5. Wheat Flour MT 109,162.96 6. Sugar MT 64,494.33[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 7. Dal MT 224.48 8. Stone Aggregate MT 1,000,000.00 9. River Sand MT 1,000,000.00 2. Export of the above items to the Republic of Maldives shall be exempted from any existing or future restriction/prohibition during 2024-25. 3. For the export of above quantity of River Sand and Stone Aggregate, CAPEXIL shall ensure that the suppliers/extractors have obtained appropriate clearances and mining of the sand is not undertaken in the Coastal Regulation Zone Area, which is prohibited under the Coastal Regulation Zone notification. 4. In addition to above, export of River Sand and Stone Aggregate will be allowed subject to the exporter obtaining necessary environmental clearances/No Objection Certificate from the designated nodal authority of respective State Governments from where the River Sand is obtained. This permission will also be subject to any State legislation/judicial orders relating to mining of ‘River Sand’ and ‘Stone Aggregate’. 5. Effect of this notification: Export of Eggs, Potatoes, Onions, Rice, Wheat Flour, Sugar, Dal, Stone Aggregate and River Sand have been permitted to the Republic of Maldives under bilateral trade agreement between Government of India and Government of Maldives during 2024-25 as per the quantities indicated in the Table at Para 1 above. The export of above items to Republic of Maldives will be exempted from any existing or future restriction/prohibition on export. [F. No. 01/91/171/59/AM20/EC/E-20816)] SANTOSH KUMAR SARANGI, Director General of Foreign Trade & Ex-officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research

Related Documents from Ministry of Commerce and Industry