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  • DAILY CURRENT AFFAIRS:51st Session of Standing Committee for Promotion of Exports (Shipping)

51st Session of Standing Committee for Promotion of Exports (Shipping)

Tags: Economics/Business

The Standing Committee for Export Promotion (Shipping) held its 51st session on June 3, 2022 at Udyog Bhawan, New Delhi.

  • It was presided over by the Special Secretary, Logistics Division, DPIIT Amrit Lal Meena.

  • The Chairman advised shipping associations to implement uniform best practices across the country to make Indian exports more competitive in global markets.

  • There was active participation of industry associations and organisations like INSA, FFFAI, CFSAI AMTOI, IPA, FICCI, CBIC and FIEO in this session.

  • Since the launch of PM Gatishakti on 13 October 2021, focusing on resolving user issues has been an essential commitment of the Government.

  • The Forum's first meeting took place after India successfully crossed the US$ 400 billion target for exports in FY 2021-22.

  • During the meeting all the issues were classified into three major groups -

  1. Procedural issues

  2. Issues impacting logistics costs

  3. Technology related issues to enhance EXIM efficiency

  • About Department for Promotion of Industry and Internal Trade (DPIIT)

  • In the year 2019, the Department of Industrial Policy and Promotion (DIPP) was renamed as Department for Promotion of Industry and Internal Trade (DPIIT).

  • It is administered by the Ministry of Commerce and Industry.

  • It is a nodal government agency to formulate and implement development strategies for the industrial sector, along with other socio-economic objectives and national priorities.

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