Question
Download Solution PDFThe Directorate General of Foreign Trade (DGFT) comes under which Ministry?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Ministry of Commerce and Industry.
Key Points
- The Directorate General of Foreign Trade (DGFT) operates under the Ministry of Commerce and Industry.
- The DGFT is responsible for the formulation and implementation of the Foreign Trade Policy of India.
- It plays a crucial role in promoting India's exports and trade relations with other countries.
- The DGFT also issues necessary licenses and permits for imports and exports in India.
Additional Information
- The Ministry of Commerce and Industry is divided into two departments: the Department of Commerce and the Department for Promotion of Industry and Internal Trade (DPIIT).
- The Department of Commerce handles international trade and export promotion, while DPIIT focuses on industrial policy and promotion.
- The DGFT, as part of the Department of Commerce, works closely with other government agencies and trade bodies to facilitate international trade.
- It also provides support and guidance to exporters and importers to enhance their global competitiveness.
Last updated on Jun 19, 2025
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