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Mr. Rajeev Kher
Mr. S. R. Rao
29-May-2012 - 31-Jan-2014
Mr. Saurabh Chandra
14-May-12 to 28-May-12
Dr. Rahul Khullar
11-May-09 to 14-May-12
Mr. G. K. Pillai
Oct 06 to 11-May-09
To make India a major player in the world trade by 2020 and assuming a significant role in the international trade bodies.
To double India's exports of goods and services by the end of 12th Five Year Plan period, over the level achieved at the end of the 11th Five Year Plan period. The long term objective would be doubling India's share in Global trade by the end of 2020 through adoption of appropriate strategies.
The mandate of the Department of Commerce is regulation, development and promotion of India’s international trade and commerce through formulation of appropriate international trade & commercial policy and implementation of the various provisions thereof. The basic role of the Department is to facilitate the creation of an enabling environment and infrastructure for accelerated growth of international trade. The Department formulates, implements and monitors the Foreign Trade Policy (FTP) which provides the basic framework of policy and strategy to be followed for promoting exports and trade. The Trade Policy is periodically reviewed to incorporate changes necessary to take care of emerging economic scenarios both in the domestic and international economy. Besides, the Department is also entrusted with responsibilities relating to multilateral and bilateral commercial relations, Special Economic Zones, state trading, export promotion and trade facilitation, and development and regulation of certain export oriented industries and commodities.
- To provide policy support for increasing India’s annual export growth
- Implementation of trade facilitating measures to improve trade environment for accelerating growth of exports and ensure social accountability through dissemination of critical information.
- To involve States in export efforts by providing assistance to States for creating appropriate infrastructure under Assistance to States for Development of Export Infrastructure and other Allied Activities (ASIDE) Scheme
- Approval for setting up of SEZs & facilitating their expeditious operationlization
- Diversification of India’s exports through exploration of new & emerging markets as well as promoting employment intensive products of high export potential.
- To protect India’s interests in multilateral trade negotiations and bilateral trade negotiation (where applicable in services) and to secure greater market access for goods and services.
- Protecting sensitive sectors of the Indian economy against the adverse impact of trade liberalization.
- Providing support to plantation growers to ensure increased farm productivity and export of agricultural processed products
- Facilitating improvement in the functioning of autonomous organisations such as STC, PEC, MMTC, ECGC, ITPO and all Responsibility Centres (RCs).
|Outcome/ Impact of department/ ministry||Jointly responsible for influencing this outcome / impact with the following department (s) / ministry(ies)||Success Indicator||Unit||FY 11/12||FY 12/13||FY 13/14||FY 14/15||FY 15/16|
|1. Growth in exports in US $ terms.||Degree of achievement of the target set for the year for merchandise exports and exports of Services.||US$ Billion||446.9||371.5||462.5|
|2. Increase share in world exports.||Increase in share of India in global trade.||%||4|
|3. Enhancement of area under Plantations to promote exports.||Area covered under Plantation Sector (Tea, Coffee, Rubber, Cardamom and Pepper).||Hectares||40605||33593||33633|