The Department of Commerce has taken several steps during the year 2021.<\/span><\/p>\n Merchandise Exports: <\/b>Department of Commerce has set a target of US$ 400 billion of merchandise exports by the year 2021-22. Currently, merchandise exports have reached 65% of the target of USD 400 Billion till November 2021.<\/span><\/p>\n Services Exports:<\/b> India\u2019s share in world commercial services exports has increased from 3.5% in 2019 to 4.1% in 2020 leading to improvement of India\u2019s rank in leading exporters of commercial services from 8th to 7th in 2020.<\/span><\/p>\n India and Mauritius signed the Comprehensive Economic Cooperation and Partnership Agreement (CECPA)<\/span><\/b><\/a><\/p>\n Foreign Trade Policy(FTP) 2015-20<\/b> was extended for the year 2021-22 i.e. up to 31<\/span>st<\/span> March 2022.The policy <\/span>outlines government strategies and steps to promote domestic production and exports to drive economic growth.<\/span><\/p>\n Scheme for Remission of Duties and Taxes on Exported Products(RoDTEP)<\/b><\/a><\/span><\/p>\n Service Exports from India Scheme (SEIS)\u00a0<\/b><\/a><\/span><\/p>\n India and the United Arab Emirates (UAE) have launched negotiations for a Comprehensive Economic Partnership Agreement (CEPA)<\/span><\/b><\/a><\/p>\n India Pavilion at World Expo 2020 at Dubai: <\/b>World Expo 2020 is being held in Dubai.The main theme of World Expo 2020 is “Connecting Minds, Creating the Future”.\u00a0<\/span><\/p>\n Government e-Marketplace (GeM)<\/b><\/a><\/span><\/p>\n National Logistics Policy:<\/b> The Policy targets to reduce the cost of logistics by about 5% over the next 5 years, achieving a ranking in the top 25 of major global logistics-related performance indices, and encouraging environmentally sustainable, inclusive and future ready logistics.<\/span><\/p>\n PM Gati Shakti NMP<\/b><\/a><\/span><\/p>\n Trade Infrastructure for Export Scheme (TIES): <\/b>The scheme aims to enhance export competitiveness by supporting development of export linked infrastructure that can be utilized by multiple exporters. The scheme has been extended further for 5 years, i.e. from 2021-22 to 2025-26.<\/span><\/p>\n Agriculture Export Policy<\/span><\/b><\/a><\/p>\n Blockchain Technology in GrapeNet:<\/b> APEDA implemented a Blockchain solution as part of its GrapeNet traceability system. The Blockchain technology<\/a><\/strong><\/span> helped to track all the activities and steps involved in the grape life cycle, right from farm allocation to the delivery of grapes.<\/span><\/p>\n Coffee Development Programme in Odisha: <\/b>Coffee Board has initiated a programme with the Government of Odisha to promote coffee and black pepper cultivation by tribals in Koraput District.<\/span><\/p>\n Rubber Census: <\/b>Rubber Board is conducting national census on rubber by using digitized mobile application, \u2018RUBAC<\/strong>\u2019, developed in association with Digital University, Kerala. The census aims to ascertain the area under rubber, new-planted area, re-planted area, the age profile of trees among others.<\/span><\/p>\n Source: <\/b>This post is based on the article <\/span>‘<\/b>Year End Review 2021 for Department of Commerce, Ministry of Commerce and Industry<\/b>\u2019 <\/b>published in <\/span>PIB <\/b>on<\/span> 8th<\/sup> Jan 2022.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":" What is the news? The Department of Commerce has taken several steps during the year 2021. Measures taken by Commerce Ministry Merchandise Exports: Department of Commerce has set a target of US$ 400 billion of merchandise exports by the year 2021-22. Currently, merchandise exports have reached 65% of the target of USD 400 Billion till… Continue reading Year End Review 2021 for Department of Commerce, Ministry of Commerce and Industry<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,9],"tags":[216,3590],"class_list":["post-159715","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-public","tag-gs-paper-3","tag-pib","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1701313206},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/159715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=159715"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/159715\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=159715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=159715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=159715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Measures taken by Commerce Ministry
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