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4th Meeting of CTDP

4th Meeting of CTDP

Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, chaired the 4th meeting of the Council for Trade Development and Promotion (CTDP) in New Delhi on 10 Jan 2019.

The Council for Trade Development and Promotion provides a platform to the States/UTs to articulate their expectations and also focuses on the need for all States/UTs to create suitable infrastructure in their regions which will help in developing competitiveness in their exports.

CTDP was constituted in July 2015, to ensure a continuous dialogue with State Governments/UTs on measures for providing International Trade enabling environments. It also seeks to create a framework for making States/ UTs active partners in boosting India’s export.

Highlights:

Agricultural Export Policy for the first time with a focused plan to boost India’s agricultural exports to USD 60 billion by 2022. This will integrate Indian farmers and India’s high quality agricultural products with global value chains and also double India’s share in world agriculture exports.

State and Union Territories have been provided Rs. 5000 crore for 12 champion service sectors.

The 12 champion service sectors include: Information Technology & Information Technology enabled Services (IT &ITeS), Tourism and Hospitality Services, Medical Value Travel, Transport and Logistics Services, Accounting and Finance Services, Audio Visual Services, Legal Services, Communication Services, Construction and Related Engineering Services, Environmental Services, Financial Services and Education Services.

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