Prabhu reviews upcoming Agri Export Policy, Industrial Policy; discusses export promotion strategies with DGFT, Commerce Secy
New Delhi, Aug 21 (KNN) Commerce & Industry Minister Suresh Prabhu reviewed the upcoming Industrial Policy, Agri-Export Policy and also discussed various export promotion strategies with the senior officials.
In a tweet, Prabhu wrote, “(I) held a meeting with the Commerce Secretary and senior officials of the DGFT today. Discussed various export promotion strategies and reviewed the upcoming Agri Export Policy and Industrial Policy.
We are working on new initiatives to take India’s export to the next level,” he added.
The proposed new Industrial Policy will replace the existing policy of 1991. Both policies are likely to be placed before the Union Cabinet for approval soon.
In the new industrial policy, the six thematic areas would reportedly include manufacturing; MSME; technology and innovation; ease of doing business; infrastructure, investment, trade & fiscal policy; and skills and employability for the future.
The new policy seeks to create jobs for the next two decades, promote foreign technology transfer and attract USD 100-billion FDI annually.
The Agri Export Policy aims at doubling agricultural exports to USD 60 billion by 2022, placing India among top 10 agriculture exporters in the world and promoting stability in export rules. (KNN Bureau)