01/94/180/438/AM05/BOT/PC-V

Government of India

Ministry of Commerce & Industry

Directorate General of Foreign Trade

PC-V Section

 

Dated the 16^th July,2009

 

Subject:  Reconstitution of Board of Trade

 

It has been decided to reconstitute the Board of Trade with immediate effect in order to facilitate continuous interaction with trade and industry.  The Board of Trade would inter-alia advise the Government on policy measures connected with the Foreign Trade Policy in order to achieve the objectives of boosting India’s trade.

 

The composition of the Board of Trade would be as under:-

 

 

Chairman:  Shri Anand Sharma

                  Commerce & Industry Minister

 

 

I.   Non Official Members:

 

1.      Shri Onkar S Kanwar, CMD, Apollo Tyres

2.      Shri Pawan Munjal, MD, Hero Honda Motors

3.      Shri Ramesh Chandra, CMD, UNITECH Ltd.

4.      Dr. Kiran Mazumdar Shaw, CMD, Biocon

5.      Shri K. Satish Reddy, MD, Dr. Reddy’s Lab.

6.      Shri Azim H. Premji, Chairman, WIPRO

7.      Shri Habil Khorakiwala, Chairman, Wockhardt Ltd.

8.      Shri Sanjay Kirloskar, MD, Kirloskar Ltd.

9.      Shri Anand Mahindra, MD, M&M Ltd.

10. Shri Y.C. Deveshwar, Chairman, ITC

11. Shri Saroj Kumar Poddar, Chairman, Poddar Heritage Enterprises          

12. Shri Sanjay Bansal, Chairman, Darjeeling Tea Association

 

II.  Ex-Officio Members

 

1.     President, CII

2.     President, FICCI

3.     President, FIEO

4.    President, ASSOCHAM

5.    Chairman, NASSCOM

6.    Chairman, Gems & Jewellery EPC

7.    Chairman, AEPC

8.    Chairman, SRTEPC

9.    Chairman, Export Promotion Council for Handicrafts (EPCH)

10.     President, The Seafood Exporters Association of India

11.     Chairman, Council for Leather Exports

12.     Chairman, Chemexcil

13.     Chairman, Pharmexcil

14.     Chairman, EPCs for EOUs

15.     Chairman, Engineering Export Promotion Council

 

 

III.  Official Members

 

1.    Secretary, Department of Commerce

2.    Secretary, Department of Revenue

3.    Secretary, Ministry of External Affairs

4.    Secretary, Ministry of Textiles

5.    Secretary, Ministry of Shipping

6.    Secretary, Department of Industrial Policy & Promotion

7.    Secretary, Ministry of Civil Aviation

8.    Deputy Governor, Reserve Bank of India

9.    Member (Traffic), Ministry of Railways

10.     Chairman & MD, Export Credit Guarantee Corporation

11.     Managing Director, EXIM Bank

12.     Chairman & MD, State Bank of India

13.     Managing Director, Container Corporation of India Ltd.

14.     Director General of Foreign Trade, Member Secretary

 

 

 

 

The Terms of Reference of the Board of Trade are:

 

- To advise the 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 the existing institutional framework for import and exports and suggest practical measures for further streamlining to achieve the desired objectives;

 

- To review the 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 the international competitiveness of Indian goods and services; and

 

-  To commission studies for furtherance of the above objectives;

 

The Board will meet at least once every quarter and make recommendations to Government on issues pertaining to its terms of reference. The Board of Trade will have the power to set up sub-committees and to co-opt experts to these, to make recommendations on specific sectors and objectives.

 

 

Sd/-

(R.S. Gujral)

Director General of Foreign Trade

and ex-officio Additional Secretary to Government of India