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.