Institutional infrastructure for promoting export from india
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Institutions engaged in export effort fall in six distinct tiers. At the top is the Department of Commerce of the Ministry of Commerce and industry. This is the main organization to formulate and guide India’s trade policy. At the second tier, there are deliberative and consultative organizations to ensure that export problems are comprehensively dealt with after mutual discussions between the Government and the Industry. At the third tier are the commodity specific organizations which deal with problems relating to individual commodities and/or groups of commodities. The fourth tier consists of service institutions which facilitate and assist the exporters to expand their operations and reach out more effectively to the World Markets. The fifth tier consists of Government trading organizations specifically set up to handle export/import of specified commodities and to supplement the efforts of the private enterprise in the field of export promotion and import management. Agencies for export promotion at the State level constitute the Sixth tier.
The Department of Commerce is the primary government agency responsible for evolving and directing foreign trade policy ad program, including commercial relations with other countries, Various trade promotional measures and development and regulation of certain export-oriented industries.
Apart from the Finance and Administrative Divisions, the principal functional divisions of the Department of Commerce are Economic Divisions, Trade policy Division, Export Products Division, Export Services Division and Export Industries Division.
The main task of the Trade Policy Division is to keep abreast of the developments in the international organizations like UNCTAD, WTO, the Economic Commission for Europe, Africa, Latin America and Asia and Far East (ESCAP). It is also responsible for India’s relations with the European Economic Community, European Free trade Association Latin American Free Trade Area, other regional groupings and the Commonwealth. It also looks after the generalized system of preferences and non-tariffs barriers.
The Department of Commerce is the primary government agency responsible for evolving and directing foreign trade policy ad program, including commercial relations with other countries, Various trade promotional measures and development and regulation of certain export-oriented industries.
Apart from the Finance and Administrative Divisions, the principal functional divisions of the Department of Commerce are Economic Divisions, Trade policy Division, Export Products Division, Export Services Division and Export Industries Division.
The main task of the Trade Policy Division is to keep abreast of the developments in the international organizations like UNCTAD, WTO, the Economic Commission for Europe, Africa, Latin America and Asia and Far East (ESCAP). It is also responsible for India’s relations with the European Economic Community, European Free trade Association Latin American Free Trade Area, other regional groupings and the Commonwealth. It also looks after the generalized system of preferences and non-tariffs barriers.
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