Centre Accords ‘AEO’ Status to Gem & Jewellery Sector
Centre Accords ‘AEO’ Status to Gem & Jewellery Sector : UPSC Mains General Studies Paper 3: Current Affairs in Economy Watch
On 26th April, 2024, the Centre assigned the Authorised Economic Operator (AEO) status to the gem and jewellery sector.
What is the Reason behind Inclusion?
- Inclusion of the industry under AEO comes when export of gems and jewellery last fiscal declined 14 per cent to $32.28 billion against $37.74 billion logged in the same period last year due to weak demand.
Impact
- This significant step will help enhancing the sector's competitiveness and facilitate smoother international trade operations, leading to holistic growth of the ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Bharat Cleantech Manufacturing Platform
- 2 Five New Industrial Clusters from India join WEF Initiative
- 3 Logistics Ease Across Different States (LEADS) 2024 Report
- 4 Team Initiative:Boosting Digital Commerce for MSMEs
- 5 Diamond Imprest Authorization Scheme
- 6 National Critical Minerals Mission
- 7 Mutual Credit Guarantee Scheme for MSMEs
- 8 National Manufacturing Mission
- 9 Financialisation of the Economy
- 10 Undercapitalization of Indian Debt Market

- 1 RBI's Guidelines for Voluntary Transition of SFBs to Universal Banks
- 2 Private Credit
- 3 Multilateral Development Banks
- 4 RBI Guidelines for Asset Reconstruction Companies
- 5 IREDA Accorded ‘Navratna' Status
- 6 Safeguard Measures under World Trade Organization
- 7 India's First Multi-Purpose Green Hydrogen Project
- 8 NIIF Invests $200 Million in iBUS for Expansion of Digital Infrastructure
- 9 MoRTH Raises Fund via Asset Monetisation
- 10 TRAI Recommendations on Telecommunication Infrastructure