CAROTAR rules in India and India's FTA partners concerns

The the finance ministry of india has recently issued a notification under Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (CAROTAR), mandating documents beyond the usual certificate of origin (COO) to claim tariff benefits under free trade agreements (FTA). It was issued by Following an amendment to India’s 1962 Customs Act in the FY21 budget.

Red sanders smuggling in sheshachalam hills region

On 15th March , The Andhra Pradesh State Red Sanders Anti-Smuggling Task Force (APSRSASTF) personnel apprehended Tamil Nadu based 14 woodcutters at a forest location between Panapakam and Ithepalle villages, the entry points to the Seshachalam hills.

Red sanders anti-smuggling task force seized 20 red sanders logs and a vehicle used by the smugglers near Mangalam locality abutting the Seshachalam forests near Tirupati .

94 base camps, eight strike forces created to protect National parks, sanctuaries in Andhra Pradesh

The Union minister of state for environment, forest and climate change (MoEFCC) recently told that The Andhra Pradesh government has set up 94 base camps and stationed eight strike forces in national parks and sanctuaries to curb mining, human encroachment, hunting, poaching in these protected areas.

Formation of the Development Finance Institution approved

On March 16, Finance Minister of india announced that The cabinet has cleared the setting up of the Development Finance Institution (DFI) with a capital infusion of Rs 20,000 crore. The decision will boost infrastructure development of the country.