Who is commerce minister of india 2018

ANI photo. Goyal, who also got the railway ministry, said, "I would like to thank Prime Minister Narendra Modi for the trust he has reposed in me by giving me this opportunity to look after the commerce and industry ministry". Goyal came to the ministry accompanied by former commerce minister Suresh Prabhu. I would continue to take his guidance and support," he told reporters here.

Prabhu expressed confidence in Goyal and said officials and team in the ministry will work with him to push economic growth of the country. The new commerce minister will have several task at hand like pushing India's exports at a time when two large economies - the US and China - are engaged in trade war and other countries taking protectionist measures.

Several new policies are there in the pipeline of the ministry and it includes new industrial policy, national e-commerce policy, national logistics policy, and foreign trade policy for five years. The other key issues which the new minister has to look at such as conclusion of negotiations for the mega free trade agreement Regional Comprehensive Economic Partnership RCEP , further improvement of India's rank in the World Bank's ease of doing business report, and steps to revive special economic zones.

Facebook Twitter Linkedin EMail. International Trade Policy Division. Foreign Trade Territorial Division. Export Products Division. Export Industries Division. Export Services Division. SEZ Division. Economic Division. Administration and General Service… Division. Vigilance Division. Finance Division. Supply Division. Logistics Division. Government sources recently said that these refunds could come handy at a time when cost of fuel and freight are soaring globally while also affecting domestic price structure.

If industry thinks it would get greater market access in the US, UK and Canada without opening the Indian market for businesses of those countries as well, "then there is no future of industry, then forget about FTAs and markets," he said.

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