New Delhi: 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 in New Delhi, he said the government had removed over 32,000 unnecessary compliances.
He stated that the new Bhawan will benefit those who are involved in trade, commerce, and the Micro, Small, and Medium-sized Enterprise (MSME) sector significantly.
The Prime Minister also launched the NIRYAT (National Import-Export Record for Yearly Analysis of Trade) portal, which is being developed as a one-stop platform for stakeholders to get all the information they need.
He added that exports play a crucial role in the change of a developing country into a developed nation, apart from creating huge job opportunities.
“Last year, in spite of disruptions across the world, India’s exports touched USD 670 billion.” To reach new targets, it is essential to work collectively. 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 has been working to promote ease of doing business and boost exports, Modi said, adding new domestic products like handlooms are reaching new markets.