THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JYOTIRADITYA M. SCINDIA)
(a) to (c) In order to facilitate international trade, Government is committed to reduce
transaction costs/delays and simplify export procedures, on a continuous basis.
A Task Force on Transaction Costs has been established in October, 2009 to assess the
procedural bottlenecks affecting Indiaâs imports and exports. The Task Force will look
into various issues affecting the competitiveness of Indian exports and suggest remedial
measures to reduce transaction costs and thereby facilitate exports. Report of the Task
Force will be submitted in a few months.