Gujarat govt set to announce policy to boost exports

The Gujarat government has taken up an exercise to formulate a policy to boostexportsfrom the state. The state policy, which will adopt features of the Union Government‘s recently announced Policy (FTP), will among other things, incentivize goods and products which have export potential.

A state-level Export Promotion authority will shortly be formed, whose functioning will be monitored by a high-level committee headed by thechief secretary.

Similarly, export promotion committees will also be formed in each of the districts of Gujarat.

The FT of the Union government has laid Stress on developing districts as export hubs by setting up district export promotion committees and drawing up district export action plans for every district.

The Union government policy also has asked states and Union territories to set up state-level export promotion committees and ensure online monitoring of all district-level export action plans.

The most exported goods from Gujarat include petroleum products, organic and inorganic chemicals, gems and jewellery, engineering goods and the like.

Under the “Districts as Export Hubs Initiative” (DEH), products and Services with export potential, including agricultural and industrial products, have been identified in all 33 districts of Gujarat.

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