Economic Survey 2024-25: New ‘Trade Connect e-Platform’ launched to help exporters access new markets

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Economic Survey 2024-25: New ‘Trade Connect e-Platform’ launched to help exporters access new markets - Economic Times

Quick Summary:

Finance Minister Nirmala Sitharaman highlighted India’s efforts to bolster exports through improved logistics, paperless transactions, and policy reforms in the Economic Survey 2024-25.

Initiatives like the e-BRC system and the new DGFT 'Trade Connect e-Platform' are poised to enhance market access and efficiency for exporters, particularly MSMEs.

Developed in collaboration with key partners—including the Ministry of MSME, EXIM Bank, Department of Financial Services, and the Ministry of External Affairs—the platform seeks to address information asymmetry by providing exporters with comprehensive support and resources.