## Report on Constitution and Terms of Reference for the Board of Trade (BOT)
**1. Executive Summary:**
This report analyzes a government notification regarding the Board of Trade (BOT). The notification announces the constitution of the BOT by merging the Council for Trade Development and Promotion with the existing Board of Trade. It also nominates both official and non-official members from diverse backgrounds to the BOT. The core purpose, as derived from the text, is to create a platform for trade policy discussions, facilitate export promotion, and advise the government on measures to enhance India's foreign trade and international competitiveness. Key findings include the nomination of 29 non-official members, outlining specific terms of reference focused on state-level engagement, export promotion, and advising the government on trade policy.
**2. Introduction:**
This report provides an informative overview of the government notification No. 21 20152020 S.O. 3176(E), dated 8th July, 2022, concerning the constitution and terms of reference of the Board of Trade (BOT). This analysis is based solely on the provided text of the notification.
**3. Policy Overview:**
* This appears to be a constitution of a body and outlining its functions. It builds upon Notification No. 11201520, dated 17th July, 2019 and Notification No. 112019 dated 17th July, 2019.
* **Core Objectives (Inferred from text):** The primary objectives, as discerned from the provided text, are:
* To establish a unified platform for discussing and formulating trade policies.
* To facilitate export promotion at the district level.
* To advise the government on strategies to boost India's foreign trade and improve the competitiveness of Indian goods and services in the global market.
* To strengthen collaboration between the central government, state governments, and union territories on trade-related matters.
**4. Background and Rationale:**
The notification merges the Council for Trade Development and Promotion with the Board of Trade (BOT), suggesting a need to streamline and consolidate efforts related to trade development and promotion. The diverse composition of the BOT's non-official members, drawn from various industries and regions, indicates an intention to incorporate a wide range of perspectives into trade policy formulation. The detailed terms of reference address potential challenges in export performance, infrastructure gaps, and international competitiveness, suggesting the government aims to proactively address these issues.
**5. Key Provisions / Changes:**
This notification details the constitution of the Board of Trade (BOT) and its operational guidelines.
* **Constitution of BOT:** The notification announces the merging of the Council for Trade Development and Promotion with the Board of Trade.
* **Nomination of Members:** The notification nominates official members, ex-officio members, and 29 non-official members from diverse backgrounds to the BOT. This list includes CEOs, directors, chairmen, business owners, and representatives from various sectors and regions across India.
* **Terms of Reference:** The notification outlines specific terms of reference for the non-official members, focusing on:
* Providing a platform for state governments and UTs to express their views on trade policy.
* Facilitating the implementation of District Export Hub events.
* Informing state governments and UTs about international developments affecting India's trade.
* Helping state governments develop export strategies aligned with the National Foreign Trade Policy.
* Deliberating on infrastructure needs and identifying impediments to exports.
* Facilitating discussions on the operationalization of trade infrastructure.
* Advising the government on policy measures to increase exports.
* Reviewing export performance, identifying constraints, and suggesting industry-specific measures.
* Examining the institutional framework for imports and exports and suggesting improvements.
* Reviewing policy instruments and procedures for imports and exports.
* Examining issues relevant to promoting India's foreign trade and strengthening international competitiveness.
**6. Target Audience and Stakeholders:**
Based on the provided text, the primary target audience and stakeholders include:
* **State Governments and Union Territories:** The notification explicitly aims to provide a platform for states and UTs to voice their perspectives on trade policy and participate in export promotion initiatives.
* **Businesses and Industries:** The nomination of non-official members from diverse industries indicates a focus on engaging with the business community to gather insights and address challenges related to exports and international competitiveness. The notification, therefore, targets affected industry.
* **Government of India:** The notification serves as a mechanism for the central government to inform state governments and UTs about international developments and solicit advice on trade policy formulation and implementation.
* **Exporters and Importers:** The terms of reference include examining the existing institutional framework for imports and exports, suggesting the notification is relevant to businesses engaged in international trade.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency/Bodies:** The Directorate General of Foreign Trade (DGFT) is responsible for issuing the notification, suggesting they play a key role in implementing the BOT's objectives. The Board of Trade (BOT) itself is the primary body responsible for carrying out the functions outlined in the terms of reference.
* **Timelines/Procedures:** The text doesn't specify exact timelines or procedures. However, the nature of the terms of reference (e.g., reviewing export performance, identifying constraints) implies ongoing activities and periodic meetings of the BOT.
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcomes of this notification include:
* **Enhanced Collaboration:** Improved coordination and communication between the central government, state governments, and UTs on trade-related matters.
* **Increased Exports:** Promotion of exports through district-level initiatives and policy recommendations.
* **Improved Competitiveness:** Strengthening the international competitiveness of Indian goods and services.
* **Streamlined Trade Processes:** Streamlining import and export procedures through policy reviews and recommendations.
* **Informed Policy Making:** Policy formulation that is well-informed, considering the inputs from a wide range of stakeholders and perspectives.
**9. Conclusion:**
The government notification regarding the constitution and terms of reference of the Board of Trade (BOT) represents a strategic effort to enhance India's foreign trade and international competitiveness. By consolidating trade promotion efforts, incorporating diverse perspectives, and addressing key challenges, the BOT aims to play a significant role in shaping India's trade policy and driving export growth. The notification signifies the government's commitment to fostering a collaborative and proactive approach to trade development.
Key Entities Referenced
Board of Trade: A body constituted by merging Council for Trade Development and Promotion with Board of Trade. It includes official and non-official members.
Council for Trade Development and Promotion: An entity that was merged into the Board of Trade.
Tata Consultancy Services Ltd.: Company; CEO/Managing Director is Shri Rajesh Gopinathan.
KKR India: Company; Shri Sanjay Nayyar is Chairman Senior Advisor.
Laghu Udyog Bharati: Organisation; Shri Om Prakash Mittal is Executive Member.
Lakshmikumaran Sridharan LS: Company; Shri Laxmikumaran is Founder and Managing Partner.
Maharashtra Legislative Council: State government body; Shri Pasha Patel is a Former member.
SBI: Bank; Shri Venkat NageswarChalasani is Director, Advisor and ExDy MD.
India Cellular Electronics Association: Association; Shri Pankaj Mahindroo is Chairman.
Derewala Industries Limited: Company; Shri Pramod Aggarwal is Chairman.
Shahi Exports Ltd.: Company; Shri Harish Ahuja is Managing Director.
Dhruva Advisors: Company; Shri Dinesh Kanabar is CEO.
GCMMF Amul: Company; Shri R. S. Sodhi is Managing Director.
Morbi Ceramic Industry: Industry based in Morbi; Shri Nilesh Jetpariya is President.
Shoppers Stop Limited: Company; Shri B.S.Nagesh is Chairman.
Vijaylaxmi Tulsidas Mehta Foundation: Foundation; Shri Vinesh Mehta is Director.
Confederation of All India Traders: Trade association; Shri Praveen Khandelwal is Secretary General.
Accel: Company; Shri Prashanth Prakash is Partner.
Alpine Knits India Pvt. Ltd, Tamil Nadu: Company based in Tamil Nadu; Shri Raja M Shanmugham is Chairman.
Packaging India JIT Pack, Odisha: Company based in Odisha; Shri Binod Dash is Manager.
Agrahari Masala Udyog, Uttar Pradesh: Company based in Uttar Pradesh; Shri Rajesh Kumar Agrahari is Owner.
SM Enterprise, Assam: Company based in Assam; Shri Ashok Kumar Jhunjhunwala is Owner.
VRL Group: Company; Shri Anand Sankeshwar is Managing Director.
VRL Logistics Ltd., Karnataka: Company based in Karnataka; Shri Anand Sankeshwar is Managing Director.
MS BhagwanEngg. Industries, Haryana: Company based in Haryana; Shri Ajay Kumar Bansal is Businessman.
The Sougthern Gujarat Chamber of Commerce and Industry, Gujarat: Chamber of Commerce and Industry based in Gujarat; Shri NiravbhaiMandlevala is Chairman, GenNext Committee.
Bidhannagar Pineapple Development Trust, West Bengal: Trust based in West Bengal; Shri Arun Mandal is Chief Executive Officer.
Ludhiana Hosiery Manufactures Association: Association; Shri Dinesh Sarpal is President.
Shirdi tiles and poles Industry: Industry; Shri Ullas Vaidya is Owner.
Khanna Watches Ltd.: Company; Shri Ashok Khanna is Chairman cum Managing Director.
Avadh Infrastructure Pvt. Ltd.: Company; Shri RameshbhaiTilara is Chairman and Managing Director.
National Foreign Trade Policy: Policy to formulate export strategies at State level.
District Export Hub: Programme aimed at promotion of identified products.
Directorate General of Foreign Trade: Entity issuing the notification; SANTOSH KUMAR SARANGI is Director General of Foreign Trade Ex officio Addl. Secy.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
NOTIFICATION
New Delhi, the 8th July, 2022
NO. 21/ 2015-2020
S.O. 3176(E).—The Board of Trade (BOT) has been constituted by merging Council for Trade
Development and Promotion with Board of Trade vide Notification No. 11/2015-20, dated 17th July, 2019.
Official Members and Ex-officio Members of the BOT have been nominated through this Notification.
2. In pursuance of Notification No. 11/2019 dated 17th July, 2019, the following 29 members
from multiple backgrounds are nominated as Non-official Members for the Board of Trade:
1. Shri Rajesh Gopinathan, CEO/Managing Director, Tata Consultancy Services Ltd.
2. Shri Sanjay Nayyar, Chairman & Senior Advisor, KKR India.
3. Shri Om Prakash Mittal, Executive Member, Laghu Udyog Bharati.
4. Shri Laxmikumaran, Founder and Managing Partner, Lakshmikumaran& Sridharan
(L&S).
5. Shri Pasha Patel, Former member of the Maharashtra Legislative Council.
6. Shri Venkat NageswarChalasani, Director, Advisor and Ex-Dy MD, SBI.
7. Shri Pankaj Mahindroo, Chairman, India Cellular & Electronics Association.
8. Shri Pramod Aggarwal, Chairman, Derewala Industries Limited.
9. Shri Harish Ahuja, Managing Director, Shahi Exports Ltd.
10. Shri Dinesh Kanabar, CEO, Dhruva Advisors.
11. Shri R. S. Sodhi, Managing Director, GCMMF (Amul).
12. Shri Nilesh Jetpariya, President, Morbi Ceramic Industry.
13. Shri B.S.Nagesh, Chairman, Shoppers Stop Limited.
14. Shri Vinesh Mehta, Director, Vijaylaxmi Tulsidas Mehta Foundation.
15. Shri Praveen Khandelwal, Businessman, Secretary General, Confederation of All India
Traders.
16. Shri Prashanth Prakash, Partner, Accel.
17. Shri Raja M Shanmugham, Businessman, Chairman, Alpine Knits India Pvt. Ltd, Tamil
Nadu.
18. Shri Binod Dash, Manager, Packaging India & JIT Pack, Odisha.
19. Shri Rajesh Kumar Agrahari, Businessman, Owner of Agrahari Masala Udyog, Uttar
Pradesh,
20. Shri Ashok Kumar Jhunjhunwala, Businessman, Owner of SM Enterprise, Assam.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
21. Shri Anand Sankeshwar, Businessman, Managing Director, VRL Group and VRL
Logistics Ltd., Karnataka.
22. Shri Ajay Kumar Bansal, Businessman, M/S BhagwanEngg. Industries, Haryana.
23. Shri NiravbhaiMandlevala, Businessman, Chairman, GenNext Committee, The
Sougthern Gujarat Chamber of Commerce and Industry, Gujarat.
24. Shri Arun Mandal, Farmer, Pineapple Cultivation, Chief Executive Officer, Bidhannagar
Pineapple Development Trust, West Bengal.
25. Shri Dinesh Sarpal, President, Ludhiana Hosiery Manufactures Association.
26. Shri Ullas Vaidya, Owner of Shirdi tiles and poles Industry.
27. Shri Ashok Khanna, Chairman cum Managing Director, Khanna Watches Ltd.
28. Shri RameshbhaiTilara,Industries & Construction, Chairman and Managing Director,
Avadh Infrastructure Pvt. Ltd.
29. Shri Kandukuri Venkata Satyanarayana, Industrialist, Business and Social Worker.
3. Terms of Reference for the Non-official Members of the Board of Trade would be as follows:
(i) To provide a platform to State Governments and UTs for articulating State oriented
perspectives on Trade Policy.
(ii) To act as facilitator in implementation of District Export Hub events including
sensitization workshops, identification and promotion of identified products.
(iii) To provide a platform to Government of India for apprising State Governments and UTs
about International developments affecting India’s trade potential and opportunities and
to prepare them to deal with evolving situation:
(iv) To help State Governments develop and pursue export strategies in line with National
Foreign Trade Policy;
(v) To provide a platform for deliberation on the need for infrastructure relevant for
promoting trade and for identification of impediments and infrastructure gaps which
adversely affect India’s export;
(vi) To facilitate a mechanism for discussion on operationalization of the trade
infrastructure;
(vii) To advise Government of Policy measures for preparation and implementation of both
short and long term plans for increasing exports.
(viii) To review export performance of various sectors, identify constraints and suggest
industry specific measures to optimize export earnings;
(ix) To examine existing institutional framework for imports and exports and suggest
practical measures for further streamlining to achieve desired objectives;
(x) To review policy instruments and procedure for imports and exports and suggest steps to
rationalize use; and
(xi) To examine issues which are considered relevant for promotion of India’s foreign trade
and for strengthening international competitiveness of Indian goods and services.
[F. No. 01/36/218/14/AM-23/Coord]
SANTOSH KUMAR SARANGI, Director General of Foreign Trade
& Ex- officio Addl. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.