Modi govt establishes high-level advisory group to boost exports

A day after hiking import duties on 19 items, the government decided to set up a 12-member, high-level advisory group to look at ways of promoting export. Headed by economist Surjit Bhalla, part-time member of the Prime Minister’s Economic Advisory Council (PM-EAC), the group will work on exchange rate management and impacts of trade wars.

The panel has been set up as a temporary measure and is set to meet for the next two months regularly, and then it will submit a report to the commerce ministry, a government official said.
It will also examine the prevailing trade dynamics and suggest a framework for India for engaging in international trade.

The other members include Principal Economic Adviser Sanjeev Sanyal, former commerce secretary Rajiv Kher and Quality Council of India Chairman Adil Zainulbhai.