DGFT launches “Trade Facilitation Mobile App” to promote exports

What is the News?

Union Minister of Commerce and Industry has launched the Directorate General of Foreign Trade’s(DGFT) Trade Facilitation Mobile Application.

About Trade Facilitation Mobile Application:

•  Tata Consultancy Services(TCS) developed the Trade Facilitation Mobile Application. It is as per the directions of the Directorate General of Foreign Trade (DGFT).
• Aim: The aim is to promote ease of doing business by providing quick access to information to importers/exporters.
• Features: The application will provide the following facilities:
  • Real-time trade policy updates and event notifications.
  • It provides options to explore Export-Import policies and statistics.
  • Virtual Assistance to trade-related queries.
  • It provides access to all the services provided by DGFT.
  • Raise and track help requests in real-time.
• Tech-enabled governance will play a major role in determining India’s competitiveness, in the post-Covid world.
• Thus, Initiatives like this, will significantly contribute to the achievement of India’s export target of $1 trillion by 2025 and GDP target of $5 trillion.

About the Directorate General of Foreign Trade(DGFT).

• Directorate General of Foreign Trade(DGFT) established in 1991. It is an attached office of the Ministry of Commerce and Industry.
• Functions: It is responsible for formulating and implementing the Foreign Trade Policy with the main objective of promoting India’s exports.
• Headquarters: New Delhi

Source: Hindu Businessline