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Parliamentary Consultative Committee (Commerce) Reviews India’s Trade Performance

Dated:- 6-11-2015 - Parliamentary Consultative Committee (attached to the Ministry of Commerce & Industry) held its meeting at Goa today and reviewed India s trade performance during the current financial year. The meeting was chaired by Commerce .....

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e India s trade performance in the current financial year. DGFT also gave a detailed presentation highlighting the important provisions of Foreign Trade Policy 2015-2020. He gave a summary of the export performance during the period April-September, .....

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April to September 2015 to US$ 68 Billion over the same period previous year. Trade deficit for merchandise and services together was US$ 130.7 Billion in the year 2012-13. It improved to US$ 68.5 Billion in the year 2014-15 He also informed that the .....

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sent scenario of global slowdown, reducing demand and falling commodity prices, the FTP has to be more vibrant and capitalise on the traditional strength of Indian economy. Ms Sitharaman said that the Policy has been formulated with a long term focus .....

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resence in the world s markets in value added services. Shri Dinesh Trivedi, MP (Lok Sabha) highlighted the concerns on 24% decline in exports in the month of September, 2015. He focussed on Chinese trade data highlighting that most of the imports fr .....

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y for them. Shri Ajay Sancheti, MP(Rajya Sabha) highlighted the challenges posed by the rapid growth in e-commerce. He also raised the issue of import of Tuar Daal saying that there was number of countries having abundant stock of Tuar Daal which nee .....

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he measures taken by the Government to tackle the present situation of declining exports and the trade deficit with China. In her response to the suggestions given by the Committee members, Commerce Minister Ms Nirmala Sitharaman said that focus was .....

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