The Ministry of Commerce and Industry administers the foreign trade policy and the industrial development policy of the country through its two constituent departments: Department of Commerce, and the Department for Promotion of Industry and Internal Trade (formerly DIPP).
Department of Commerce
The Department of Commerce implements and monitors the foreign trade policy of India. It is entrusted with responsibilities relating to multilateral and bilateral commercial relations, Special Economic Zones, export promotion and trade facilitation, and development and regulation of certain export oriented industries and commodities.
- Directorate General of Foreign Trade (DGFT) is responsible for regulation and facilitation of foreign trade (exports and imports).
- Directorate General of Trade Remedies (DGTR) is an investigative body that is responsible for recommending the amount of anti-dumping duty/ countervailing duty on the identified articles as would be adequate to reduce/remove the harm to domestic industry. It was formerly called the Directorate General of Anti-Dumping and Allied Duties (DGAD).
- Directorate General of Commercial Intelligence and Statistics is responsible for generating and disseminating quality trade statistics and commercial information for policy makers, researchers, and traders.
- Special Economic Zones
Autonomous Statutory Bodies for development of respective export-oriented industries:
- MPEDA – Marine Products Export Development Authority
- APEDA – Agricultural and Processed Food Products Export Development Authority
- APEDA implements the National Program for Organic Production, and also certifies organic produce under the mark – India Organic.
- Commodity boards – Coffee Board, Rubber Board, Tea Board, Tobacco Board, Spices Board.
- (Note that Coir board is under MoMSME.)
Other associated organisations:
- Export Credit Guarantee Corporation of India Limited
- India Trade Promotion Organisation (ITPO)
- Council for Trade Development and Promotion: a forum for the centre, the states and the private sector.
- Export Inspection Council, setup under Export (Quality Control and Inspection) Act 1963, for sound development of export trade through quality control.
- Export Promotion Councils for various sectors such as plastics, pharmaceutical, oil seeds, leather, gem and jewellery, etc.
- India Brand Equity Foundation (IBEF): IBEF works with the objective of promoting international awareness of the Made in India label and Indian products and services. Its website www.ibef.org provides extensive and comprehensive information about Indian economy and business trends.
- FIEO – Federation of Indian Export Organisations.
Schemes and Initiatives:
- Merchandise Exports from India Scheme (MEIS)
- a major export promotion scheme.
- Indian National Strategy for Standardisation – for standardisation of products and services.
- FIEO GlobalLinker – a digital platform for MSME exporters to digitise and network their business, launched by the Federation of Indian Export Organisations (FIEO).
Department for Promotion of Industry and Internal Trade (DPIIT)
The Department for Promotion of Industry and Internal Trade (DPIIT) is responsible for the formulation and implementation of overall industry policy in the country. It was formerly known as the Department of Industrial Policy and Promotion (DIPP).
The DPIIT facilitates FDI flows into the country. Since the abolition of the Foreign Investment Promotion Board (FIPB) of the finance ministry, all FDI approval applications are processed by concerned departments/ministries in consultation with the DPIIT. Responsibilities of the DPIIT also include matters related to Intellectual Property Rights (IPR) (such as Geographical Indication), and the implementation of the Startup India initiative.
The DPIIT also publishes the Wholesale Price Index (WPI), and the Index of eight core industries (ICI).
- CIPAM – Cell for IPR promotion and management: It implements the National Intellectual Property Rights (IPR) Policy 2016 for incentivising creativity and original work.
- Make in India
- Startup India
- LEADS Index – Logistics Ease Across Different States
- A composite indicator to assess intra-national trade logistics, based on World Bank’s Logistics Performance Index.
- Government e-Marketplace (GeM)
- GeM is a portal (set up as an SPV by the government), for facilitating procurement of goods and services required by Central & State Government Organisations, in an efficient and transparent manner.
- Using GeM is mandatory for public procurement by ministries and departments of the central government, it is however not mandatory for the state governments.
Quality Council of India
Quality Council of India is an autonomous, non-profit organisation promoted by DIPP and industry organisations: FICCI, ASSOCHAM, CII. Its objective is to provide quality accreditation services across all economic and social sectors, in pursuit of the National Quality Campaign which promotes best practices for quality maintenance across all industries.
QCI operations are run by its constituent boards including, National Accreditation Board for Certification Bodies (NABCB), National Accreditation Board for Education and Training (NABET), National Accreditation Board for Hospitals Healthcare Providers (NABH).
NABCB – National Accreditation Board for Certification Bodies is an internationally recognised body for accreditation of certification and inspection bodies. It is a member of the International Accreditation Forum.