PM Emphasises On The Importance Of Increased Export

Lauding the increase in export, Prime Minister Narendra Modi said the country had decided that despite every challenge, it has to cross the threshold of USD 400 billion (INR 31,32,224 crore) merchandise export hence the Indian exports stood at a total of USD 670 billion (nearly INR 50 lakh crore).

He was speaking at the launch of ‘Vanijya Bhawan’ and the NIRYAT portal.

“Encouraged by this success of the past years, we have now increased our export targets and have doubled our efforts to achieve them. Collective effort of everyone is very necessary to achieve these new goals”, Modi said, adding that not only short term but long-term targets should be set.

He cited the new Vanjiya Bhawan as also the symbol of his government’s achievements in the field of commerce during this period. He recalled that at the time of foundation stone laying, he had stressed the need for innovation and improvement in the Global Innovation Index. Today, India is ranked 46th in the Global Innovation Index and is continuously improving.

He underlined the role of increasing exports in the transition of a country from developing to developed country and said, “In the last eight years, India has also been continuously increasing its exports and achieving export goals. Better policies to increase exports, easing of the process, and taking products to new markets, have helped a lot.”

He said that every ministry, every department of the government is giving priority to increasing exports with a 'whole of government' approach. Be it the Ministry of MSME or Ministry of External Affairs, Agriculture or Commerce, all are making common efforts for a common goal. “Exports from new areas are increasing. Even from many aspirational districts, exports have now increased manifold.

Meanwhile, he said, NIRYAT - National Import-Export for Yearly Analysis of Trade portal will help in breaking silos by providing real time data to all stakeholders.

 “From this portal, important information related to more than 30 commodity groups exported to more than 200 countries of the world will be available. In the coming time, information related to district-wise exports will also be available on this. This will also strengthen the efforts to develop the districts as important centers of exports,” he said.

Referring to many examples of the recent past, the Prime Minister said that in the new work culture of the New India, completion date is part of SoP and is strictly adhered to. He remarked that only when the government’s projects do not hang for years and are completed on time, similarly, the government's schemes reach their goals, then only, the taxpayer of the country is respected. Now we also have a modern platform in the form of the PM Gatishakti National Master Plan. He said that this Vanijya Bhawan will give a push to the nations ‘Gati Shakti’.

Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs, Food and Public Distribution and Textiles, while addressing the event said, “Prime Minister’s vision is to make a modern India by bringing transparency to the system. On the one hand, an inefficient and inaccessible organisation like Directorate General of Supplies & Disposal, which stood at the same place, was wound up and on the other government e-Marketplace (GeM), a transparent purchase system has been established. The GeM has provided platform to women entrepreneurs, Start-Ups, MSMEs sector and others to contribute to the system and accelerate its efficiency.”