New Inter-Ministerial Group Formed for Supply Chain Resilience

New Inter-Ministerial Group Formed for Supply Chain Resilience.webp

Union Minister of Commerce and Industry, Piyush Goyal, held a consultation meeting today with all relevant ministries, key logistics and trade facilitation partners, to review the emerging geopolitical situation and its potential impact on India's exports and imports. During the meeting, the government reiterated its commitment to facilitating trade operations through measures such as flexibility in export-related authorizations, coordination with customs and port authorities, and coordination to ensure smooth clearance. In a social media post, Mr. Goyal announced that, in this context, an Inter-Ministerial Group for Supply Chain Resilience has been established, comprising members from the Department of Financial Services and the Ministry of External Affairs, along with other ministries, to facilitate effective coordination, monitoring, and follow-up.
 
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commerce and industry customs clearance department of financial services export authorizations geopolitical situation government policy india exports india imports inter-ministerial group logistics ministry of external affairs piyush goyal supply chain resilience trade facilitation trade operations
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