Why in the news?

  • India launched the Export Promotion Mission.

Export Promotion Mission

  • What is it?: The Export Promotion Mission is a government initiative that acts as an umbrella mechanism to coordinate export-related policies, infrastructure, logistics, and support systems across ministries, states, and export councils.
  • Aim: Boosting India’s exports, improving competitiveness, and achieving the long-term vision of making India a major global trading hub.
  • Nodal Ministry: Guided by the Department of Commerce, Ministry of Commerce & Industry
  • Key Features:
    • Provides a structured mechanism for aligning policies related to exports by ministries, state govts and Industry bodies.
    • Identification of Priority Export Sectors and Strengthening Export Infrastructure.
    • Addressing Non-Tariff Barriers like Sanitary & phytosanitary (SPS) measures and Technical barriers to trade (TBT) and help exporters to comply with them.
    • Single-window systems for exporters– enabling digitisation of export documentation and certification.

Source: Business Standard