Answer: Ministry of Commerce and Industry
Notes: The Government of India has recently updated its import policy for gold and silver to match customs tariffs with trade rules. This change was officially notified by the Directorate General of Foreign Trade (DGFT). The Directorate General of Foreign Trade (DGFT) works under the Ministry of Commerce and Industry. It is responsible for creating and carrying out India’s Foreign Trade Policy (FTP). DGFT is based in New Delhi and has 24 regional offices across India. Earlier known as the Chief Controller of Imports and Exports (CCI&E), it was renamed DGFT after the 1991 economic reforms to promote trade.
