Business Daily from THE HINDU group of publications Saturday, Aug 16, 2008 ePaper | Mobile/PDA Version | Audio |
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Industry & Economy
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Exports & Imports Secys’ panel to be set up to deal with exim infrastructure Mohan Padmanabhan Chennai, Aug. 15 The Government, in a bid to speedily deal with issues relating to infrastructure required for export-import, has decided to constitute a Core Group of Secretaries to be headed by the Cabinet Secretary. It is learnt that the group, which will meet at least once in three months or even earlier, if required, will recommend measures for accelerated development of critical infrastructure relating to export-import activities in a time-bound manner. Talking to Business Line here recently, Union Commerce Ministry sources said the objective was to put in place an effective mechanism to resolve inter-ministerial issues relating to infrastructure required for export-import, and thereby minimise the transaction costs and time involved in exim-related activities. Terms of referenceSources said the Core Group, besides facilitating trade, will strive to remove the bottlenecks in infrastructure, especially critical infrastructure at ports, airports, railways and roads related to exports and imports. It is learnt that the terms of reference of the group will cover a review of the functioning of service providers at ports, airports, land custom stations, etc with a view to identifying procedures/systems that inhibit trade and take measures to remove them. Ministries in listThere will also be a review of the functioning of certification arrangements at ports, airports and LCS points. The ministries to be represented by the respective Secretaries in the Core Group include those of Civil Aviation, External Affairs, Shipping, Road Transport & Highways, Revenue, Agriculture and Cooperation, Department of Border Management besides the Chairman of the Railway Board. The Department of Commerce under the Ministry of Commerce will be the Secretariat of the Core Group. Sources pointed out that the Core Group may associate other senior officers, particularly Chief Secretaries of States, as needed. More Stories on : Exports & Imports | Foreign Trade
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