Internal Trade Current Affairs, GK & News
The Department of Industrial Policy and Promotion (DIPP) has been renamed as the Department for Promotion of Industry and Internal Trade. Mandate for the Newly Named Department The newly named department will work under the Union Ministry of Commerce. The order issued by the President states that the department would deal with matters related to ..
Topics: Cait • Confederation of All India Traders Association • Department for Promotion of Industry and Internal Trade • Department of Industrial Policy and Promotion • External Trade • Internal Trade • President • Union Ministry of Commerce
The Union Government may soon consider adopting a three-pronged approach to revitalise domestic retail and wholesale trade. The three-pronged approach includes (i) Establishing a regulatory body for national internal trade (retail and wholesale) (ii) Comprehensive domestic trade policy and (ii) Board for Internal Trade. Need for new approach Domestic trade mainly comprises non-corporate small businesses ..