APPLICATION TO PROVIDE INFO ON FOREIGN TRADE POLICY

In sync with the government’s drive to harness technology, the commerce ministry is planning to come up with mobile applications for exporters and importers.

While the “FTP App” will help traders to go through the voluminous book on India’s foreign trade policy on their smartphones or notebooks, “EXIM ( exportimport) App” would help them in filling different documents such as shipping bills and other paperwork, a senior official in the commerce ministry said.

“Initial discussions are on with different departments, including revenue, for this purpose. The application would be developed by private players,” the official said, adding that these apps will help exporters in reducing transactions cost as they can do a lot of paperwork on their devices. It will help improve India’s ranking in ease of doing business index.