The Board of Trade shall be revamped and given a clear and dynamic role in advising government on relevant issues connected with Foreign Trade Policy. There would be a process of continuous interaction between the Board of Trade and Government in order to achieve the desired objective of boosting India’s exports.
Terms of Reference
1C.2
The Board of Trade would have the following terms of reference:
(I)
To advise the Government on Policy measures for preparation and implementation of both short and long term plans for increasing exports in the light of emerging national and international economic scenarios;
(II)
To review export performance of various sectors, identify constraints and suggest industry specific measures to optimize export earnings;
(III)
To examine the existing institutional framework for imports & exports and suggest practical measures for further streamlining to achieve the desired objectives;
(IV)
To review the policy instruments and procedures for imports & exports and suggest steps to rationalize and channelise such schemes for optimum use