Centre readies draft plan for district-wise export promotion  

Context: The government has readied a draft district-wise export promotion plan for 451 districts in the country after identifying products and services with export potential in 725 districts.

Details:

• The Commerce Ministry has asked States to prepare an annual ‘export ranking index’ of districts on export competitiveness with the assistance of the Directorate General of Foreign Trade (DGFT).
• While foreign trade constitutes 45% of India’s GDP, most export promotion efforts are driven by the Centre.
• In the initial phase, products and services with export potential in each district have been identified and an institutional mechanism of State and District Export Promotion Committees (SEPC) are being created, with an action plan to grow exports from each district.
• Draft District Export Action Plans have been prepared by regional DGFT authorities in 451 districts.

https://www.thehindu.com/todays-paper/tp-business/centre-readies-draft-plan-for-district-wise-export-promotion/article34136629.ece