City
Epaper

Piyush Goyal chairs 3rd Board of Trade meeting

By ANI | Updated: September 13, 2024 18:55 IST

New Delhi [India], September 13 : Unnion Commerce Minister Piyush Goyal chaired the third meeting of the reconstituted Board ...

Open in App

New Delhi [India], September 13 : Unnion Commerce Minister Piyush Goyal chaired the third meeting of the reconstituted Board of Trade in Mumbai on Friday.

The Board of Trade functions as a key platform for collaboration, discussion, and policy recommendations to bolster the growth of India's international trade. Bringing together representatives from the Industry Ministry, State Governments, industry stakeholders, and trade organizations, this advisory body seeks to shape a thriving trade ecosystem.

Minister Goyal reaffirmed the government's commitment to drive economic growth through robust partnerships with state governments.

The Minister emphasized that initiatives of the government are instrumental in guiding India towards a more transparent, efficient, and sustainable trade environment, benefiting the country's broader economic landscape.

Goyal launched the Department of Commerce's Jan Sunwai Portal, designed to streamline communication between stakeholders and authorities, providing a direct and transparent channel for addressing trade and industry-related issues.

This portal offers on-demand video conferencing services, in addition to fixed video conference links for regular, scheduled interactions. The portal's accessibility extends across various offices and autonomous bodies under the Department of Commerce, such as the DGFT, Coffee Board, Tea Board, Spices Board, Rubber Board, APEDA, MPEDA, ITPO, and EIC.

Piyush Goyal also inaugurated ECGC's new online service portal, alongside a revamped in-house SMILE-ERP system.

"These innovations mark a significant leap towards paperless processing and faceless service delivery, benefiting both exporters and banks. This transformation will not only streamline customer services but also enhance ECGC's core operational efficiency. Key outcomes include full automation of processes, business process integration, quicker claim disposals, enhanced operational control, and a meaningful reduction in the carbon footprint to support sustainability goals," the commerce ministry said.

Discussions in today's meeting centered around critical initiatives aimed at fostering employment across states and enhancing the role of the Department of Commerce in promoting state-level economic growth.

The session also featured interactive presentations from the State Governments of Uttar Pradesh, Karnataka, Tamil Nadu, Telangana, and Madhya Pradesh, showcasing their achievements in export promotion and ease of doing business (EODB), interventions, and ongoing state-level initiatives. Best practices for export promotion were shared across the board, providing valuable insights for peer states. The participation and suggestions from the states of Assam, Tripura, and Sikkim are expected to lead to higher export potential from the North East region.

Notably, Ministers from 10 State Governments were in attendance for this important session. Secretary, Department of Commerce, Sunil Barthwal, Additional Secretary and Director General, DGFT, Santosh Sarangi and other senior officials also attended the meeting.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

AurangabadRetired officer loses Rs 44 lakh in 47 days to fake share market app

Cricket"Biggest Honour to...": Shubman Gill's First Reaction After Replacing Rohit Sharma as India’s ODI Captain (VIDEO)

AurangabadCivic Chief finds solutions to issues at Sant Eknath Rangmandir

NationalCelebrate Diwali with swadeshi spirit, Goa to become fully developed by 2035-2037: HM Amit Shah

CricketSri Lanka appoint Wood, Ferdinands as batting, spin-bowling coaches

Business Realted Stories

BusinessBill Gates’ endorsement means India’s innovations hold great promise for Global South

BusinessBihar: Nitish Kumar lays Mother Dairy plant foundation in Munger

BusinessIndia's services and manufacturing exports offer untapped potential for foreign investors: World Bank Chief Economist

BusinessFrom ₹25,000 to $21 bn empire: VGRC celebrates legacy of Torrent Group founder late UN Mehta

BusinessIndia holds huge growth potential, says Tata Capital MD Rajiv Sabharwal