Commerce and Industry Minister Piyush Goyal has launched the National Strategic Trade Command Centre (NSTCC) in New Delhi to strengthen the monitoring, analysis, and governance of India’s international trade ecosystem. The initiative aims to support better decision-making through integrated data analytics and evidence-based insights.
According to the Ministry of Commerce and Industry, the Command Centre will provide senior policymakers and government officials with a consolidated view of India’s trade performance. It will also help monitor export promotion schemes, regulatory approvals, application processing, and other operational indicators.
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Trade Monitoring Boost:
The NSTCC will bring together dashboards covering key functions of the Directorate General of Foreign Trade (DGFT) and various trade-related processes. These include the Importer Exporter Code (IEC), Advance Authorisation, Export Promotion Capital Goods (EPCG), Certificate of Origin, SCOMET, restricted imports and exports, and other regulatory and trade facilitation mechanisms.
Speaking at the launch, Goyal praised the initiative for promoting data-driven and evidence-based decision-making in India’s international trade ecosystem. He highlighted the importance of using integrated data analytics to support informed decisions and strengthen the monitoring of trade performance, regulatory processes and export promotion activities.
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The Minister also called for regular meetings of the Inter-Ministerial Committee to address the backlog of pending applications. He emphasised the need to clear applications expeditiously, underscoring the importance of timely processing and coordination among the concerned authorities.