| Board of Trade (BOT) |
1C.1 |
BOT has a clear and dynamic role in advising
government on relevant |
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issues connected with Foreign Trade. |
| Terms of Reference |
1C.2 |
BOT has following terms of reference: |
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- To advise 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;
- To review export performance of various sectors, identify constraints and
suggest industry specific measures to optimize export earnings;
- To examine existing institutional framework for imports and
exports and suggest practical measures for further streamlining to achieve
desired objectives;
- To review policy instruments and procedures for imports and exports and
suggest steps to rationalize and channelise such schemes for optimum use;
- To examine issues which are considered relevant for promotion of India’s
foreign trade, and to strengthen international competitiveness of Indian goods
and services; and
- To commission studies for furtherance of above objectives.
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| Composition |
1C.3 |
Commerce & Industry Minister will be the Chairman of the Board of
Trade (BOT). Government shall also nominate upto 25 persons, of whom at
least 10 will be experts in trade policy. In addition, Chairmen of
recognized Export Promotion Councils and President or Secretary-General
of National Chambers of Commerce will be ex-officio members. BOT will
meet at least once every quarter. (This Para is amended by
DGFT NOTIFICATION No 119/2009, Dated : 15-07-2009 )
[Old- Government shall nominate an eminent person or expert on trade
policy to be Chairman of BOT. Government shall also nominate 25 persons, of whom
at least 10 will be experts in trade policy. In addition, Chairmen of recognized
EPCs and President or Secretary- Generals of National Chambers of Commerce will
be ex-officio members. BOT will meet at least once every quarter. ] |
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1C.4 to
1C.6 |
Deleted |