Modi Launches NIRYAT Portal, gifts nation easy access to critical information related to India’s foreign trade

Prime Minister Narendra Modi on Thursday, June 23, appealed to exporters and the industry to fix long-term export targets for themselves and suggest ways for the government to achieve those figures.

He launched the NIRYAT (National Import-Export Record for Yearly Analysis of Trade) portal, which will dedicatedly deal with the import and export analysis of India.

Launched by the center to provide important real-time data to all stakeholders, the portal has been pegged as a one-stop platform for stakeholders for easy access to critical information related to India’s foreign trade by the Centre.

Launching the NIRYAT portal, Modi said, “The government has been working towards ensuring ‘Citizen-Centric Governance’ for the last eight years and today we have taken another important step in this direction. Today, the country is getting a gift of a new and modern commercial building and NIRYAT portal.”

Union minister of commerce and industry Piyush Goyal was also present during the event.

Calling exports a critical pillar in the transformation of a developing country into a developed nation, besides creating job opportunities, the prime minister said, “Last year, despite global disruptions, India’s exports touched USD 670 billion To achieve new targets, collective effort is necessary. Industry, exporters, and export promotion councils are here. I will urge them to fix not only short-term but also long-term export targets for themselves,” 

 The government is working to promote ease of doing business and boost exports, Modi said adding new domestic products like handlooms are reaching new markets.

The new Vanijya Bhawan in New Delhi was also inaugurated by the Prime Minister, who said that the government has removed over 32,000 unnecessary compliances.

 Designed as a smart building that incorporates the principles of sustainable architecture with a special focus on energy saving, the new built Bhawan will serve as an integrated and modern office complex that will be used by the two Departments under the Ministry i.e. Department of Commerce and Department for Promotion of Industry and Internal Trade (DPIIT). The newly launched Bhawan will significantly benefit people associated with trade, commerce, and the Micro, Small, and Medium Enterprises (MSME) sector.

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