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Suresh Prabhu

Narendra Modi cabinet: Commerce, Aviation, other economic ministries to have new faces

Narendra Modi cabinet: Commerce, Aviation, other economic ministries to have new faces

Fri, May 31, 2019

While most senior BJP leaders like Rajnath Singh, Nitin Gadkari and Nirmala Sitharaman were inducted in the new cabinet, nearly half of the previous cabinet was replaced, with biggest changes coming in various economic ministers such as Commerce, Aviation, Tourism and Telecom. Several ministers heading these ministries failed to get a berth in the new Modi cabinet.

Strategic investments after sectorial analysis to boost economic growth: Prabhu

Strategic investments after sectorial analysis to boost economic growth: Prabhu

Thu, May 16, 2019

Strategic investments based on a clear sectorial analysis will further strengthen India's economic growth, Union Commerce Minister Suresh Prabhu said Thursday.

Suresh Prabhu seeks report on allocation of Jet Airways slots to other airlines

Suresh Prabhu seeks report on allocation of Jet Airways slots to other airlines

Wed, May 08, 2019

Civil Aviation Minister Suresh Prabhu has sought a report on the allocation of airport slots vacated by Jet Airways to other airlines, an official source said on Wednesday.

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U.S., India hold talks to calm trade tensions, Ross joins by video

U.S., India hold talks to calm trade tensions, Ross joins by video

Thu, Feb 14, 2019

The sources also said that trade negotiations would be conducted by the United States Trade Representative (USTR) and not by the Commerce Department, which is focused on boosting investment, improving the business climate and some specific areas such as travel and tourism.

Suresh Prabhu launches 3 aviation projects in Andhra Pradesh

Suresh Prabhu launches 3 aviation projects in Andhra Pradesh

Wed, Feb 13, 2019

The runway at Rajahmundry airport was extended from 1,750 meters to 3,165 meters at a cost of Rs 182 crore, said Suresh Prabhu.

India keen to partner other nations for scalable, affordable communications solutions: Suresh Prabhu

India keen to partner other nations for scalable, affordable communications solutions: Suresh Prabhu

Tue, Feb 12, 2019

Terming communications technology as "all pervasive", the minister said that it had brought people on the same platform on a real time basis.

Multi-pronged strategy needed to tap Indo-Africa trade potential: Suresh Prabhu

Multi-pronged strategy needed to tap Indo-Africa trade potential: Suresh Prabhu

Thu, Feb 07, 2019

A multi-pronged strategy is needed to tap the trade potential between India and Africa, Commerce Minister Suresh Prabhu has said.

Convergence India 2019: India poised to take advantage of new age technological advancements, says Suresh Prabhu

Convergence India 2019: India poised to take advantage of new age technological advancements, says Suresh Prabhu

Tue, Jan 29, 2019

"Some countries will have a natural advantage in offering these services for all the platforms, be it the government services, business to business or any other service," Prabhu said.

Goa airport gets first GI store, 200 more coming up: Suresh Prabhu

Goa airport gets first GI store, 200 more coming up: Suresh Prabhu

Tue, Jan 29, 2019

India will get over 100 additional airports, in addition to the existing 101 aviation facilities in a few years, Civil Aviation Minister Suresh Prabhu said on Monday.

SpiceJet to operate flights under UDAN to Dhaka and Bangkok

SpiceJet to operate flights under UDAN to Dhaka and Bangkok

Sat, Jan 26, 2019

Seaplanes will fly on 18 air routes among the 235 routes awarded Friday under the government's ambitious regional connectivity scheme that will also connect 16 unserved airports and six water aerodromes. Watch this video to know more.

India can be USD 5 trillion economy in 7-8 years: Prabhu

India can be USD 5 trillion economy in 7-8 years: Prabhu

Sat, Jan 19, 2019

Addressing a seminar on exports at Vibrant Gujarat Global Summit here, Civil Aviation Minister Suresh Prabhu said his department had prepared a road map to make this possible by focusing on manufacturing, service sector and agriculture.

Govt working on bilateral trade pacts with more nations to push exports: Suresh Prabhu

Govt working on bilateral trade pacts with more nations to push exports: Suresh Prabhu

Mon, Jan 14, 2019

Prabhu, who is also the Civil Aviation Minister, said the United Arab Emirates and Saudi Arabia have decided to use India as a base for their food security. "This is happening at an interesting time because we just had made a policy for agriculture exports which has identified food items that can be exported," he said.

Suresh Prabhu: New industrial policy to focus on global supply-chain linkages

Suresh Prabhu: New industrial policy to focus on global supply-chain linkages

Sat, Jan 12, 2019

It is especially important when we are working towards a USD 10-trillion economy by 2035, when we see great opportunities for all countries to participate.

Agricultural export policy: Suresh Prabhu asks states to set up nodal agency for implementation

Agricultural export policy: Suresh Prabhu asks states to set up nodal agency for implementation

Wed, Jan 09, 2019

Commerce and Industry Minister Suresh Prabhu Tuesday asked states to set up a nodal agency dedicated for the implementation of the agriculture export policy. Last month, the Cabinet approved the agriculture export policy with an aim to double farm shipments to USD 60 billion by 2022.

Suresh Prabhu to meet banking, financial services secretaries next week to resolve credit Supply issues to exporters

Suresh Prabhu to meet banking, financial services secretaries next week to resolve credit Supply issues to exporters

Sun, Jan 06, 2019

He also said the issue regarding GST credit/refunds that exporters have been facing is also addressed "to some extent," after his ministry raised it with the finance ministry recently.

State of aviation in India: 94 AAI airports suffered losses in 2017-18, says govt

State of aviation in India: 94 AAI airports suffered losses in 2017-18, says govt

Fri, Jan 04, 2019

"The losses are mainly due to low revenue generation to meet the total expenditure of the respective airports," Civil Aviation Minister Suresh Prabhu said in a written reply to the Lok Sabha.

Government plans hiring professionals for Air India top positions through global search: Suresh Prabhu

Government plans hiring professionals for Air India top positions through global search: Suresh Prabhu

Sun, Dec 30, 2018

"I have already ordered a global search for professionalisaton of Air India completely. All top positions in Air India should be filled by some sort of a global search. That proposal is now under active consideration of the government," the minister told PTI in an interview.

Prabhu seeks more funds from FinMin to increase incentives on onion exports

Prabhu seeks more funds from FinMin to increase incentives on onion exports

Fri, Dec 28, 2018

Commerce Minister Suresh Prabhu has sought Rs 179.16 crore from the finance ministry to double the incentives for onion exporters amid significant fall in prices of the vegetable.

New gold policy likely soon; looking at all aspects of yellow metal: Prabhu

New gold policy likely soon; looking at all aspects of yellow metal: Prabhu

Fri, Dec 28, 2018

The government is working on an integrated gold policy, which is expected to be released soon, to promote growth of the yellow metal industry and exports of jewellery.

Aviation: Govt plans enabling regulatory framework for aircraft financing, leasing biz: Prabhu

Aviation: Govt plans enabling regulatory framework for aircraft financing, leasing biz: Prabhu

Fri, Dec 28, 2018

The government plans to put in place an "enabling regulatory ecosystem" for aircraft financing and leasing at international financial service centres in India amid domestic airlines placing large orders for planes.

Coimbatore airport runway: Tamil Nadu asks Centre to reconsider a new proposal

Coimbatore airport runway: Tamil Nadu asks Centre to reconsider a new proposal

Fri, Dec 28, 2018

"...Now, the Airport Authority of India on December 11, 2018 have requested reduction of total area to be acquired to 365 acres from 627.89 acres without mentioning any valid reasons," the memorandum, a copy of which was released to the media here, said.

India eyes $100-bn FDI in next two years; Plans industrial clusters for some countries: Suresh Prabhu

India eyes $100-bn FDI in next two years; Plans industrial clusters for some countries: Suresh Prabhu

Thu, Dec 27, 2018

India will aim to receive USD 100 billion in foreign direct investments in the next two years and special industrial clusters are being created for countries like Japan, South Korea, China and Russia where their companies can invest and operate, Union Minister Suresh Prabhu said.

Preparing incentive package for exporters to address their woes : Suresh Prabhu

Preparing incentive package for exporters to address their woes : Suresh Prabhu

Mon, Dec 24, 2018

The minister said there has been a sharp decline in credit to the export sector and the department of commerce has taken up the matter with the finance ministry and with the RBI.

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