Union Minister of Commerce and Industry Piyush Goyal (File photo)
| Photo Credit:
SUSHIL KUMAR VERMA
Responding to the deepening crisis in West Asia and the increasing risk to exports and imports, the government has established a high-level Inter-Ministerial Group (IMG) for supply chain resilience to facilitate effective coordination, monitoring and follow-up, Commerce & Industry Minister Piyush Goyal said.
The IMG comprises members from the Department of Financial Services, the Ministry of External Affairs, the Ministry of Shipping, Ports & Waterways, the Ministry of Petroleum & Natural Gas and the Central Board of Indirect Taxes & Customs.
“Today, a consultation meeting was held with all stakeholder Ministries, key logistics and trade facilitation partners to review the emerging geopolitical situation and its potential impact on India’s exports and imports,” Goyal said in a social media post on Tuesday.
The government remains firmly committed to enabling a stable and responsive trade environment for our traders and exporters, safeguarding their interests and ensuring seamless operations, Goyal said.
The Modi government’s readiness to facilitate trade operations was reiterated through measures such as procedural flexibility in export-related authorisations, coordination with Customs & port authorities to ensure smooth clearance and engagement with financial and insurance institutions to safeguard exporter interests, the Minister noted.
It is in this context that the IMG for supply chain resilience has been set up to facilitate effective coordination, monitoring and follow-up, he added.
Published on March 3, 2026