Question

Describe the institutional set-up for Government policy making and consultation for export promotion in India.

23 Jan 2022
Answer :
Word Count : 665

The institutional set-up for government policy making and consultation for export promotion in India is a multifaceted and dynamic framework that involves various government ministries, departments, and agencies, as well as industry associations and stakeholders. Export promotion in India is critical for boosting economic growth, generating foreign exchange, and creating employment opportunities. The government has established several institutions and mechanisms to formulate, implement, and review export policies, as well as to consult with relevant stakeholders. Below, I provide an overview of the key components of this institutional set-up:

1. Ministry of Commerce and Industry: The Ministry of Commerce and Industry is the central authority responsible for formulating and implementing export policies and strategies in India. It plays a pivotal role in coordinating various aspects of export promotion, trade agreements, and export-related regulations. The Minister of Commerce and Industry is often assisted by a team of officials and experts in shaping export policies.

2. Directorate General of Foreign Trade (DGFT): DGFT is the primary regulatory body responsible _________ ___ ____ ________ _________ ____ ___.
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