The Ministry of Commerce and Industry administers two departments, the Department of Commerce and the Department for Promotion of Industry & Internal Trade (formerly Department of Industrial Policy & Promotion). The head of the Ministry is a Minister of Cabinet rank.
The Department formulates, implements and monitors the Foreign Trade Policy (FTP) which provides the basic framework of policy and strategy to be followed for promoting exports and trade. The Trade Policy is periodically reviewed to incorporate changes necessary to take care of emerging economic scenarios both in the domestic and international economy. Besides, the Department is also entrusted with responsibilities relating to multilateral and bilateral commercial relations, Special Economic Zones, state trading, export promotion and trade facilitation, and development and regulation of certain export oriented industries and commodities
The long-term vision of the Department is to make India a major player in the world trade by 2020 and assume a role of leadership in the international trade organizations commensurate with India’s growing importance. The medium term vision is to double India’s exports of goods and services by 2017-18 over the level of 2008-09 with a long-term objective of doubling India’s share in Global trade.
The policy tools being adopted in this context are: the Strategy Paper focusing on the targeted commodity and country wise strategy in the medium term and the Strategic Plan / vision and the Foreign Trade Policy in the long run.
Ministry of Commerce and Industry invites online applications for “MoCI Internship Scheme” for Indian Nationals pursuing/graduated from any course (Post Graduation/ Graduation) from any recognized University.
Area of Interest: Law and others.
6 weeks (extendable upto 3 months).
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