Union Minister for Commerce and Industry releases Booklets and Documents on Future Ready Commerce
New Delhi, August 23
Union Minister for Commerce and Industry on Tuesday released the Booklets and Documents on Future Ready Commerce at a function in New Delhi.
It comprised of fourteen volume Restructuring Dossier of ‘Department of Commerce which has been created to facilitate transition. The restructuring programme for Department of Commerce has been undertaken with the key objective to equip the ecosystem to achieve two trillion dollar export target by 2030.
Under it a dedicated Trade Promotion Body will also be set up to drive overall promotion strategy. Speaking on the occasion, Mr Goyal said that the restructuring is a mammoth endeavour focused on ‘Aatmanirbhar Bharat’ and an Aatmanirbhar Commerce Department.
He said, the 14 volumes defines the role of each section within the department and lays down the expected outcomes and key performance indicators.
Mr Goyal added that the restructuring exercise is contemporary to the needs of the hour and it rests on five major objectives including to increase India’s share in global trade, assume leadership position in multilateral organisations like WTO and democratisation of trade.
Mr Goyal said that foreign trade will play a huge role in making India a developed nation when the country celebrates its 100th year of independence in 2047. The Commerce Minister said the focus on exports has been one of the most defining features of the government’s efforts to make India a developed country by 2047.
On the occasion Secretary, Commerce and Industry B V R Subrahmanyam was also present.