PM calls for collective efforts from exporters to achieve long-term targets

Prime Minister Narendra Modi on Thursday appealed to exporters and the industry to fix long-term export targets for themselves and suggest ways to the government to achieve those figures

PM Modi, Narendra Modi
Press Trust of India New Delhi
1 min read Last Updated : Jun 23 2022 | 1:26 PM IST

Prime Minister Narendra Modi on Thursday appealed to exporters and the industry to fix long-term export targets for themselves and suggest ways to the government to achieve those figures.

Inaugurating the new Vanijya Bhawan here, he said the government has removed over 32,000 unnecessary compliances.

He said that the new Bhawan will significantly benefit people associated with trade, commerce and the Micro, Small and Medium Enterprises (MSME) sector.

The Prime Minister also launched the NIRYAT (National Import-Export Record for Yearly Analysis of Trade) portal - which is developed as a one-stop platform for stakeholders to get all necessary information related to India's foreign trade.

He added that exports play a critical role in transforming a developing country into a developed nation, besides creating job opportunities.

"Last year, despite global disruptions, India's exports touched USD 670 billion To achieve new targets, collective effort is necessary. Industry, exporters and export promotion councils are here. I will urge them to fix not only short-term but also long-term export targets for themselves," he said.

The government is working to promote ease of doing business and boost exports, Modi said adding new domestic products like handlooms are reaching new markets.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Narendra ModiExports

First Published: Jun 23 2022 | 1:26 PM IST

Next Story