Union Minister Shri Piyush Goyal Interacts with Industry Stakeholders on Ease of Doing Business, FTA Opportunities and Trade Reforms Workshop
Union Minister Shri Piyush Goyal and Minister of State Shri Jitin Prasada interacted with industry stakeholders at a workshop in New Delhi organized by DPIIT. The discussions covered ease of doing business, free trade agreement opportunities, and trade-related reforms, with announcements including integrated Commerce and Industry offices and a network of trained local personnel to support exporters.
Why It Matters
Relevant for competitive exams covering government policies, trade reforms, ease of doing business initiatives, and industrial development in India.
In Simple Words
The Department for Promotion of Industry and Internal Trade organized a workshop in New Delhi on ease of doing business and trade agreements. Union Minister Shri Piyush Goyal and Minister of State Shri Jitin Prasada interacted with industry stakeholders during the event.
Key announcements included establishing integrated Commerce and Industry offices in major cities, deploying about 1,000 trained local personnel to assist exporters, and developing the Trade Connect platform using AI tools to provide trade and tariff information.
Key Points
- The workshop was organised by the Department for Promotion of Industry and Internal Trade (DPIIT) at Bharat Mandapam, New Delhi.
- Union Minister of Commerce and Industry Shri Piyush Goyal and Minister of State Shri Jitin Prasada interacted with industry stakeholders.
- Integrated Commerce and Industry offices are envisaged in major cities as a common point of access.
- The roller chain and industrial components sector reported a 15-fold expansion, ₹500 crore in fresh investments, and 5,000 new jobs due to policy interventions.
- A proposed network of approximately 1,000 trained local personnel with regional language knowledge will support exporters at district and State levels.
- The Trade Connect platform is being developed to provide product-wise and HSN-code-wise information, tariffs, and FTA opportunities.
- Presentations by DPIIT covered Startup India, IPR, investment facilitation, National Single Window System, and PESO reforms.
- The interaction included representatives from pharmaceuticals, textiles, copper, automotive, MSMEs, and women entrepreneurs.
Exam Angle
A. The Department for Promotion of Industry and Internal Trade (DPIIT)
Source: Press Information Bureau