Centre names Anand Sharma as new BoT chairman.Byline: ANI New Delhi New Delhi (dĕl`ē), city (1991 pop. 294,149), capital of India and of Delhi state, N central India, on the right bank of the Yamuna River. , July 17 (ANI): The Government has named Commerce and Industry minister Anand Sharma as the new Chairman of the Board of Trade, ahead of the announcement of new Foreign Trade Policy. Sharma has replaced industrialist Kumar Mangalam Birla Kumar Mangalam Birla (June 14, 1967), is among the richest persons in India and the eighth youngest billionaire outside India according to the Fortune magazine. Mr. Kumar Mangalam Birla is the Chairman of the Aditya Birla Group, which is among India's largest business houses. , who was the last chairman. The Board is the government's highest advisory body on export- and import-related issues. "The Commerce and Industry minister will be the Chairman of the Board of Trade (BOT)," a notification issued by the Directorate General of Foreign Trade said. The BoT advises the Government on policy measures for preparing and implementing both short- and long-term plans for increasing exports in the light of emerging national and international economic situations. Since October, India's exports are hit by a downslide down·slide n. A downward course; a decline: "a growing concern among . . . board leaders about whether the economy could be headed for a downslide" Andrée Brooks. in demands from major importers, including the US and the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community . Among others, the Secretary in the Departments of Commerce and Revenue and Ministries of External Affairs and Textiles are members of the Board, which meets at least once every quarter. The President or Secretary-General of national chambers of commerce such as the Federation of Indian Export Organisations, Confederation of Indian Industry The Confederation of Indian Industry (CII) is a non-government, not-for-profit, industry-led and industry-managed organisation, playing a proactive role in India’s development process. , Federation of Indian Chambers of Commerce and Industry, and Assocham are ex-offico members of the BoT. (ANI) Copyright 2009 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency. (ANI) - All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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