Narendra Modi govt for foreign trade at state level

Aug 17 2014, 01:20 IST
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PM Narendra Modi aboard the INS Kolkata. It is the nation’s largest indigenously built warship. PTI PM Narendra Modi aboard the INS Kolkata. It is the nation’s largest indigenously built warship. PTI
SummaryStates to have own export promotion councils; team ready for resolution of SEZ problems

The states will soon be allowed to form their own export promotion councils, Prime Minister Narendra Modi said on Saturday, as he underscored the need for the Centre and states to work in tandem to give a fresh thrust to exports.

He also stressed upon the need for swift removal of obstacles stalling special economic zones. “The Centre has to team up with the state governments for export promotion and the states should also work hard individually to help drive exports,” Modi said after laying the foundation stone of Jawaharlal Nehru Port Trust SEZ.

Modi said the Centre had recently convened a meeting with states to identify bottlenecks in exports and states would be given the right to set up their own export promotion councils to drive foreign trade at the local level. The states, he said, should also compete with each other in enhancing exports and focus on development of markets abroad, he said.

Voicing concern at a large number of stalled SEZ projects in the country, the PM said a high-level team has been constituted to review the problems and resolve them at the earliest.

Modi stressed the need for shifting focus from port development to ‘port-led development’ to maximise gains.

The government, he said, had conceived Sagarmala, an ambitious project for maritime states, envisaging not merely port development, but port-led development, which would include ports, SEZs, rail, road, air and waterway connectivity with the hinterland, including linkages of cold storage and warehouses.

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