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Piyush Goyal ने Export Promotion Council की बैठक का नेतृत्व किया ताकि FTAs का उपयोग करके 2030 तक USD 2 Trillion निर्यात लक्ष्य हासिल किया जा सके

27 April 2026 को, Union Minister Shri Piyush Goyal ने Export Promotion Councils और उद्योग संगठनों के साथ एक बैठक का अध्यक्षता की, ताकि India‑New Zealand FTA के बाद भारत के निर्यात इकोसिस्टम को सुदृढ़ किया जा सके। चर्चा में FY 2025‑26 में रिकॉर्ड USD 860 billion निर्यात, Viksit Bharat विज़न के तहत USD 2 trillion लक्ष्य, और MSME चुनौतियों को संबोधित करने तथा निर्यात सुधारों को सरल बनाने के कदमों को उजागर किया गया।
On 27 April 2026 , Union Minister of Commerce and Industry Shri Piyush Goyal chaired a high‑level meeting at Bharat Mandapam, New Delhi with representatives of 30 EPCs and major industry chambers. The gathering followed the signing of the India‑New Zealand FTA and aimed to chart a roadmap for strengthening India’s export ecosystem. Key Developments India’s merchandise and services exports reached a record USD 860.09 billion in FY 2025‑26, a 4.22% YoY growth . The Minister reiterated the Viksit Bharat goal of USD 2 trillion exports by 2030 and urged full utilisation of existing FTAs . The DGFT presented a comprehensive export reform framework covering sectoral performance, KPI‑based monitoring for EPCs , e‑commerce exports, and the creation of a Digital Trade Academy. Industry bodies highlighted compliance costs, testing requirements and the difficulty for MSMEs to enter export markets. The Government assured continued facilitation through schemes, targeted interventions and an accelerated drive for the EODC issuance. Important Facts Key export‑
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Overview

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Leveraging FTAs to Hit $2 Trillion Export Target: Goyal’s Push for EPC‑Driven Reforms

Key Facts

  1. On 27 April 2026, Union Minister Piyush Goyal chaired a high‑level meeting of 30 Export Promotion Councils (EPCs) and industry chambers at Bharat Mandapam, New Delhi.
  2. India’s merchandise and services exports reached a record USD 860.09 billion in FY 2025‑26, growing 4.22% YoY.
  3. The ‘Viksit Bharat’ vision targets USD 2 trillion in exports by 2030, emphasizing full utilisation of existing FTAs, including the newly signed India‑New Zealand FTA.
  4. DGFT unveiled an export reform framework featuring a KPI‑based performance matrix for EPCs, designation of ‘Districts as Export Hubs’, and a Digital Trade Academy.
  5. MSMEs cite high compliance costs, testing requirements and certification hurdles as major barriers to entering export markets.
  6. The Export Promotion Mission (EPM) and accelerated issuance of Export Obligation Discharge Certificates (EODC) are being strengthened to expand the active exporter base.

Background & Context

Export‑led growth is a cornerstone of India’s post‑liberalisation economic strategy. The Ministry of Commerce & Industry, through DGFT and EPCs, is aligning trade policy, FTAs and MSME support to meet the Viksit Bharat target, reflecting broader themes of industrial policy, ease of doing business and global value‑chain integration.

UPSC Syllabus Connections

GS2•Government policies and interventions for developmentPrelims_GS•National Current AffairsEssay•Economy, Development and InequalityGS3•Effects of liberalization on economy, industrial policy and growthGS3•Farm subsidies, MSP, PDS, food security and technology missionsGS2•Functions and responsibilities of Union and States

Mains Answer Angle

GS 3 (Economy) – Candidates can discuss India’s export strategy, the role of FTAs and EPCs, and evaluate the feasibility of the USD 2 trillion target, linking it to industrial policy and MSME empowerment.

Full Article

<p>On <strong>27 April 2026</strong>, <strong>Union Minister of Commerce and Industry Shri Piyush Goyal</strong> chaired a high‑level meeting at <strong>Bharat Mandapam, New Delhi</strong> with representatives of 30 <span class="key-term" data-definition="Export Promotion Councils (EPCs) — Sector‑specific bodies that assist exporters, coordinate with the government and help in market development (GS3: Economy)">EPCs</span> and major industry chambers. The gathering followed the signing of the <span class="key-term" data-definition="Free Trade Agreement (FTA) — A treaty between two or more countries to reduce trade barriers such as tariffs, facilitating smoother cross‑border trade (GS3: Economy)">India‑New Zealand FTA</span> and aimed to chart a roadmap for strengthening India’s export ecosystem.</p> <h3>Key Developments</h3> <ul> <li>India’s merchandise and services exports reached a record <strong>USD 860.09 billion</strong> in FY 2025‑26, a <strong>4.22% YoY growth</strong>.</li> <li>The Minister reiterated the <span class="key-term" data-definition="Viksit Bharat — The government's vision to achieve a $2 trillion export target by 2030, reflecting a focus on high‑value manufacturing and services (GS3: Economy)">Viksit Bharat</span> goal of <strong>USD 2 trillion</strong> exports by 2030 and urged full utilisation of existing <span class="key-term" data-definition="Free Trade Agreement (FTA) — A treaty between two or more countries to reduce trade barriers such as tariffs, facilitating smoother cross‑border trade (GS3: Economy)">FTAs</span>.</li> <li>The <span class="key-term" data-definition="Directorate General of Foreign Trade (DGFT) — The agency under the Ministry of Commerce that formulates and implements foreign trade policy, issues licenses and monitors export‑import data (GS3: Economy)">DGFT</span> presented a comprehensive export reform framework covering sectoral performance, KPI‑based monitoring for <span class="key-term" data-definition="Export Promotion Councils (EPCs) — Sector‑specific bodies that assist exporters, coordinate with the government and help in market development (GS3: Economy)">EPCs</span>, e‑commerce exports, and the creation of a Digital Trade Academy.</li> <li>Industry bodies highlighted compliance costs, testing requirements and the difficulty for <span class="key-term" data-definition="Micro, Small and Medium Enterprises (MSMEs) — Enterprises with investment up to ₹10 crore and turnover up to ₹50 crore, crucial for employment generation and export diversification (GS3: Economy)">MSMEs</span> to enter export markets.</li> <li>The Government assured continued facilitation through schemes, targeted interventions and an accelerated drive for the <span class="key-term" data-definition="Export Obligation Discharge Certificate (EODC) — A document that certifies fulfilment of export obligations, required for certain export incentives (GS3: Economy)">EODC</span> issuance.</li> </ul> <h3>Important Facts</h3> <p>Key export‑
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Key Insight

Leveraging FTAs to Hit $2 Trillion Export Target: Goyal’s Push for EPC‑Driven Reforms

Key Facts

  1. On 27 April 2026, Union Minister Piyush Goyal chaired a high‑level meeting of 30 Export Promotion Councils (EPCs) and industry chambers at Bharat Mandapam, New Delhi.
  2. India’s merchandise and services exports reached a record USD 860.09 billion in FY 2025‑26, growing 4.22% YoY.
  3. The ‘Viksit Bharat’ vision targets USD 2 trillion in exports by 2030, emphasizing full utilisation of existing FTAs, including the newly signed India‑New Zealand FTA.
  4. DGFT unveiled an export reform framework featuring a KPI‑based performance matrix for EPCs, designation of ‘Districts as Export Hubs’, and a Digital Trade Academy.
  5. MSMEs cite high compliance costs, testing requirements and certification hurdles as major barriers to entering export markets.
  6. The Export Promotion Mission (EPM) and accelerated issuance of Export Obligation Discharge Certificates (EODC) are being strengthened to expand the active exporter base.

Background

Export‑led growth is a cornerstone of India’s post‑liberalisation economic strategy. The Ministry of Commerce & Industry, through DGFT and EPCs, is aligning trade policy, FTAs and MSME support to meet the Viksit Bharat target, reflecting broader themes of industrial policy, ease of doing business and global value‑chain integration.

UPSC Syllabus

  • GS2 — Government policies and interventions for development
  • Prelims_GS — National Current Affairs
  • Essay — Economy, Development and Inequality
  • GS3 — Effects of liberalization on economy, industrial policy and growth
  • GS3 — Farm subsidies, MSP, PDS, food security and technology missions
  • GS2 — Functions and responsibilities of Union and States

Mains Angle

GS 3 (Economy) – Candidates can discuss India’s export strategy, the role of FTAs and EPCs, and evaluate the feasibility of the USD 2 trillion target, linking it to industrial policy and MSME empowerment.

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