Ministry of Commerce and Industry (India)

Ministry Of Commerce And Industry (India)

Ministry of Commerce and Industry (India)

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Description:
The Ministry of Commerce and Industry administers two departments, the Department of Commerce and the Department of Industrial Policy & Promotion. The head of the Ministry is a Minister of Cabinet rank. As of March 2011, the Minister of Commerce and Industry is Anand Sharma, who is assisted by Minister of State for Commerce & Industry Jyotiraditya Madhavrao Scindia.

Department of Commerce

The department is entrusted with formulating and implementing the foreign trade policy and responsibilities relating to multilateral and bilateral commercial relations, state trading, export promotion measures, and development and regulation of certain export oriented industries and commodities.

In order for the smooth functioning, the Department is divided into eight divisions:
  • Administrative and General Division
  • Finance Division
  • Economic Division
  • Trade Policy Division
  • Foreign Trade Territorial Division
  • State Trading & Infrastructure Division
  • Supply Division
  • Plantation Division


The subjects under the administrative control of the Department include:

Department of Industrial Policy & Promotion

This department was established in the year 1995, and in the year 2000 Department of Industrial Development was...
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