Mumbai, August 30: The government will electronically connect a total of 70 ports in the country by the end of next year, a move that will help embattled exporters to reduce transaction costs.
The Commerce Ministry is promoting the use of electronic systems with initiatives like EDI (Electronic Data Interchange) ports, electronic message exchange between Customs and the Directorate General of Foreign Trade.
“For e-trade, the Directorate General of Foreign Trade (DGFT) is connecting ports and locations. It is 34 for now and we hope that by next year-end, at least 70 ports will be connected. All these locations will be EDI-enabled,” Commerce and Industry Minister Anand Sharma said at an EEPC function here last night.
Exporters have to deal with different agencies, including the customs department, DGFT, various port authorities and state departments while sending a consignment abroad.
–PTI