Union Minister of Commerce & Industry and Railways, Piyush Goyal, held a meeting with around 100 domestic industry, manufacturers, associations of various sectors and users in New Delhi to discuss and provide a holistic view about regulatory instruments for the formulation and implementation of effective trade policy and development strategy.
Senior officials of various Ministries and Departments of Central Government also participated in the meeting. Ministers of State for Commerce & Industry, Hardeep Singh Puri and SomParkash were also present during the meeting.
Piyush Goyal, in his address,said that tariff & non-tariff measures will be used judiciously by India with an ultimate aim to enable industry to become more competitive. Piyush Goyal said that Departments of Commerce & DPIIT are there to balance interests of domestic consumers and industry. He said that DGTR office is being strengthened with more man power who will be properly trained to perform their duties effectively.
Regarding corruption issues that are delaying consignments, the Minister requested exporters to write directly to Secretaries of line ministries or to Commerce & Industry Ministry as Government of India is committed to ensuring a corruption free environment in each and every Ministry and Department of the Government.
The objectivesof the meeting was awareness generation about regulatory instruments amongst the stake-holders, to provide a platform where issues faced by the domestic industry may be appropriately addressed andcalibrate trade policy to balance domestic industry interests, including protection against unfair trade practices with imperatives of consumer interest, efficiency and competitiveness.
The meeting focused on the prudent use of all available Trade Policy Instruments, viz. Tariff Measures, Non-Tariff Measures as well as Trade Remedial Measures for the Indian industry.