Rajya Sabha Panel Proposes Enhanced Funding for Trade and Commerce in 195th Report

The Department Related Parliamentary Standing Committee on Commerce, led by Ms. Dola Sen, presented its 195th Report to the Indian Parliament, focusing on the 2026-27 financial year grants for the Department of Commerce. The report highlights the need for optimizing budget allocations to improve internal trade and export operations. It stresses the significance of enhancing export competitiveness, particularly in sectors like pharmaceuticals, services, and manufacturing. The committee recommends proactive steps towards better implementation of trade policies, valuation of Free Trade Agreements, and incentivization of Special Economic Zones.

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