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PYQ 1200 Q/A Part - 1
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Kerala PSC India Year Book Study Materials Page 76
Book's First PageCapacity Building Skilling new entrepreneurs for exports is an important priority. In the last two years, over 50,000 entrepreneurs have been trained under the Niryat Bandhu programme implemented by DGFT, thus complementing the Start-up India and Skill India initiatives. Institutional set up under the Department like – Indian Institute of Foreign Trade, Indian Institute of Packaging, Indian Institute of Plantation, Export Promotion Councils, Centres of Excellence, Plantation Research Institutes, etc., – are being leveraged for capacity building, export promotion, research and analysis and long term policy formulation. Centre for Research in International Trade Given the growing complexity of the process of globalization and its spillover effects on domestic policy making, there is a need to significantly deepen existing research capabilities and widen them to encompass new and specialized areas. In this context, a new institution, namely, the Centre for Research in International Trade (CRIT) has been set up. It is expected to fill the gap and will also help in forming enduring coalitions with a large number of developing countries which may have convergence of interests with India and could potentially become India’s allies on various trade issues at the global level. CRIT will have 5 centres namely Centre for Trade and Investment law, Centre for Regional Trade, Centre for Training, Centre for Trade Promotion and Centre for WTO Studies. The Council for Trade Development and Promotion was constituted in July 2015. It would ensure a continuous dialogue with state governments and UT’s on measures for providing an international trade enabling environment in the states and create a framework for making the states active partners in boosting India’s exports. The state governments were requested to develop their export strategy, appoint export commissioners, address infrastructure constraints restricting movement of goods, facilitate refund of VAT/octroi/state level cess, and address other issues relating to various clearances, etc., and build capacity of new exporters, in order to promote exports. Integrated Exhibition cum Convention Centre Modern world class Integrated Exhibition cum Convention Centre (IECC) is coming up in New Delhi to create air-conditioned exhibition space of 1.2 lakh sq. mtr. and an iconic state-of- the-art convention centre with 7,000 pax seating capacity. Underground parking space for 4,800 Passenger Car Units (PCU) is also planned. Work has begun and is to completed by September 2019, creating an appropriate venue for all types of major national and international events. It will be a unique symbol of New India, and will reflect India’s aspirations to be a global power. Special Economic Zones India was one of the first in Asia to recognise the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia’s first EPZ set up in Kandla in 1965. To overcome the shortcomings on account of multiplicity of controls and clearances, absence of world-class infrastructure and an unstable fiscal regime and with a view to attract larger foreign investments in India, the Special Economic Zones (SEZs) Policy was announced in April 2000. This policy intended to make SEZs an engine for economic growth supported by quality infrastructure complemented by an attractive fiscal package, both at the Centre and the state level, with minimum possible regulations. SEZs in India functioned from 2000 to 2006 under the