Ajay Kumar Bhalla appointed as DG of Directorate General of Foreign Trade
Senior IAS officer Ajay Kumar Bhalla has been appointed as new Director General of Directorate General of Foreign Trade (DGFT).
He will succeed Anup Wadhawan, who has been appointed as Additional Secretary in the Union Ministry of Commerce.
He is a 1984 batch IAS officer of Assam-Meghalaya cadre. Presently, he is the Additional Secretary in the Union Ministry of Commerce.
About Directorate General of Foreign Trade (DGFT)
- The DGFT is the nodal agency of the Union Ministry of Commerce and Industry, responsible for execution of the import and export Policies of India.
- It is entrusted with responsibilities for formulating and implementing the foreign trade policy with the main objective of promoting India’s exports.
- DGFT plays a very important role in the development of trading relations with various other nations.
- It also plays important role in improving not only the economic growth but also provides a certain impetus needed in the trade industry.
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Month: Current Affairs - October, 2016