Piyush Goyal releases report on Restructuring of Department of Commerce
Restructuring to prepare India become a key
global player in world trade
Exports growth to play a key role in India becoming a developed nation by 2047
We aim to achieve 2 trillion dollar exports by 2030
Union Minister
of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles
Piyush Goyal today released the ‘Department of Commerce Restructuring Dossier’
at Vanijya Bhawan, New Delhi.
Releasing the report, Goyal said restructuring of the
entire department of commerce aims at preparing India to become a key global
player in world trade. He further said the restructuring rests on 5 major
pillars : Increasing India's share in global trade, assume leadership role in
multilateral organisations, democratisation of trade, creating 100 Indian
Brands as Global Champions, and setting up Economic Zones in India to
strengthen the manufacturing base and attract greater investments to India.
The Minister mentioned that Prime Minister Narendra Modi
had launched Mission Karmayogi with the objective of skill development and
upgradation of employees in Govt. departments and Ministries. It is in
pursuance of this, Goyal said, that restructuring of departments of commerce
has been undertaken to meet the needs of the future. This will enable us to
adopt international best practices and prepare ourselves for greater
multilateral and bilateral engagement with other countries, he added.
Goyal said Restructuring exercise is a mammoth endeavour
focused on ‘Aatmanirbhar Bharat’ and an Aatmanirbhar Commerce Department. The
14 volumes of the report define the role of each section within the department
and lays down the expected outcomes and key performance indicators. These
manuals would enable all the relevant stakeholders to understand their role in
the revamped department and help the organization perform effectively, he added.
The Minister said the focus on exports has been one of
the most defining features of the government's efforts to make India a
developed country by 2047, a vision articulated by PM Narendra Modi, in his
Independence Day address to the nation this year. He emphasised that Indian
Trade and Commerce will not only be a strong element in India’s march to
prosperity, towards becoming a developed nation when we turn 100 in 2047, but
also play an extremely important role in serving the needs of the whole world.
The Minister said we aspire to achieve 2 trillion dollars
worth of exports by 2030. This will make us among the top nations in world
trade and change the way the world sees us. Goyal further said Prime Minister
Modi has led from the front and energised the entire export ecosystem. It is
due to the constant guidance and mentoring by PM that we not only met but also
beat export targets, he emphasised. The PM has urged all the missions
across the world to focus on 3 Ts- Trade, Technology and Tourism. These are now
an integral part of the duties of all the Missions, he added.
Goyal noted some of the ideas that have emerged out of
Restructuring exercise include a dedicated 'Trade Promotion Body' to drive
formulation & execution of promotion strategy, Digitization of trade
facilitation processes, Rehauling of the data & analytics ecosystem and
capacity building of Indian Trade Service to drive specialization &
institutional memory.