Govt eases status holder certification process for exports
ease of doing business, the government on Monday automated the system of giving credibility to the Indian exporters in the international markets.
Commerce and industry Piyush Goyal launched a new initiative to issue IT system based automatic ‘Status Holder’ certificates to exporters under the Foreign Trade Policy 2023 under which the government will recognise about 20,000 exporters as Status Holders, up from 12,518 exporters recognised earlier.
Goyal unveiled the initiative at a meeting with the export promotion councils, the commerce and industry ministry said in a statement.
The Status Holder certification program provides credibility to the Indian exporters in the international markets
“Over 15,000 exporters will be benefitted by this facility who will get 1 Star to 5 Star recognition within real time basis,” said
A. Sakthivel, president, Federation of Indian Export Organisations.
At present, the exporter is required to file an online application along with an export certificate from a chartered accountant for grant of status.
