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Two institutions proposed to address exporters' grievances: Minister

The Dollar Business Bureau The government has proposed two institutional mechanisms for addressing issues of exporters and for regular communication with stakeholders, said Commerce Minister Nirmala Sitharaman. The minister informed the Lok Sabha  on Friday that  the ‘Board of Trade’ will have an advisory role and offer a platform for discussions and consultation while the other institution, ‘Council for Trade Development and Promotion’, will act as a body to representatives of the central government and various states and union territories governments. Meanwhile EPCs and other industry bodies like FIEO, etc, will be continued as specialised institutions. “Product/sector specific export promotion councils and various industry and trade bodies will continue to be the specialised institutions available for consultation from time ...