Comm Min trying to improve exports of all commodities

The Commerce Ministry was giving "importance" to overall industrial development and was trying to improve exports of all commodities, its Minister Nirmala Sitharaman said.

Comm Min trying to improve exports of all commodities
ERODE ( TAMIL NADU): The Commerce Ministry was giving "importance" to overall industrial development and was trying to improve exports of all commodities, its Minister Nirmala Sitharaman said today.

"We are giving importance to industrial development in India and also trying to improve the exports of all commodities," she said while interacting with entrepreneurs, farmers and other associations here.

Praising the district for its industrial and agricultural development, she said, "though Tamil Nadu ranked first in turmeric cultivation, marketing of products require some (more) development".

She said the Ministry would give all its support if "reasonable" and "justified" suggestions were given for development of farming community and also to traders.

Stating that the global trade was in crisis and subsequently India's exports decreased, she said, "the GDP rate in China was 36 per cent against India's 17 per cent".

"So we have to compete with China by procuring more quality products with decreased price," she said.
ADVERTISEMENT

Pointing to the proposed economic corridor between Vishakapatnam and Chennai, she said, "if it is extended to Tuticorin, many more developments may be made".

She said the Government was taking all efforts to improve port handling so that it can accommodate any "commodity".

Referring to Prime Minister Narendra Modi's vision on "Zero Defect-Zero Effect" model, she said ,"such things are very essential for pollution oriented industries like leather tanning".
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Foreign Trade › Comm Min trying to improve exports of all commodities
Text Size:AAA
Success
This article has been saved

*

+