Page 44 - Chemexcil NEWS August - September 2017 for web
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21. SURESH PRABHU SAYS GOVERNMENT WILL PROMOTE EXPORTS
IN 'SHORTEST POSSIBLE TIME'
NEW DELHI: Commerce and industry minister low of 3.94% in July, while the trade deficit
Suresh Prabhu on Wednesday said his widened to $11.44 billion on account of high gold
ministry is looking at certain measures to give a leg imports.
up to India’s exports which are facing “challenging
times”, partly because of the Goods and Services He added that the ministry is working on the
Tax (GST) rollout. support measures which can facilitate quick
increase in exports both in terms of volume and
“We are trying to work out what to be done to value.
promote exports in a shortest possible time which
includes issues coming up because of the GST,” The commerce ministry is expected to announce
Prabhu, who assumed charge as the commerce incentives in the review of the foreign trade policy,
and industry minister on Monday, told reporters which is scheduled to be released next month.
here.
(Source:- http://economictimes.indiatimes.com/news/
India's export growth slowed to an eight-month economy/policy/suresh-prabhu-says-government-
will-promote-exports-in-shortest-possible-time/
articleshow/60393864.cms dated 7th September-2017)
22. GOVERNMENT OFFERS ONLINE TOOL TO RESOLVE FOREIGN TRADE
ISSUES
NEW DELHI:The government has set up an on- effective resolution, exporters/importers are
line service facility that can be used by import- requested not to send their queries through
ers and exporters to resolve all foreign trade-relat- twitter or e-mail and use Contact@DGFT service
ed issues, an official statement said today. instead," it added.
The directorate general of foreign trade (DGFT), (Source:- http://economictimes.indiatimes.com/news/
which comes under commerce ministry, has asked economy/policy/government-offers-online-tool-to-resolve-
all exporters and importers to use the system - foreign-trade-issues/articleshow/60422566.cms dated 8th
Contact@DGFT - for resolution of their matters.
September-2017)
Traders can raise all matters related to the
directorate or other agencies of the Centre and
States through this facility, which is activated at
the DGFT website.
"Contact@DGFT system has been activated as a
single point contact for resolving all foreign trade-
related issues," the DGFT said in a notice to all
regional authorities, export promotion councils,
commodity boards and members of trade and
industry.
It said best efforts will be made for expeditious
resolution.
"In the interest of systematic monitoring and
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