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The Times of India
The Times of India
Business
TNN

Piyush Goyal unveils overhaul plan for commerce department

NEW DELHI: A major overhaul plan for the commerce department was unveiled on Tuesday with eight focus areas, including a dedicated trade promotion body and intake of private sector talent in the Indian Trade Service, to make it "future ready" and help achieve the $2-trillion export target by 2030.

Commerce and industry minister Piyush Goyal, who released a report prepared by Boston Consulting Group, said the restructuring of the department will strengthen the negotiations' capability at the World Trade Organization (WTO) and bilateral free trade agreements, centralisation and digitisation of trade facilitation processes and rehauling the data analytics ecosystem.

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