Union commerce and industry minister Piyush Goyal on Sunday said the central government was discussing the issue of non-tariff trade barriers with Bangladesh to promote Indian exports to the neighbouring country.
“Bangladesh allows for a restricted number of Indian goods train as well as road cargo transport to protect its indigenous industry. However, we are discussing these non-tariff barriers with the country,” Goyal said while interacting with Uttar Pradesh based exporters and entrepreneurs in Lucknow.
He underlined the Centre had taken a slew of measures to promote exports and realise the potential of the micro, small and medium enterprises (MSME) sector in job creation and spurring economic activities.
The union minister noted UP chief minister Yogi Adityanath had rightly espoused the concept that export promotion is as much a responsibility of the respective states as the Centre.
“UP is the country’s top landlocked exporting state in India. In fact, the state has the potential to achieve export volumes of Rs 7.5 trillion in the next five years from the current level of Rs 1.5 trillion,” he added.
Referring to UP’s flagship One District, One Product (ODOP) scheme that aims to promote indigenous industries and handicrafts, Goyal said UP was at the forefront of reviving the traditional industries of the state.
“There is a big potential for inward investment in UP given the improvement in the law and order machinery and pro-industry stance taken by the Yogi government,” he said.
Further, Goyal said inclusive policies which cater both to the industry and the deprived sections simultaneously were needed to take the country on the path of speedier socioeconomic growth and job creation.
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