The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 95] NEW DELHI, FRIDAY, JULY 20, 1984/ASADHA 29, 1906
Separate paging is given to this Part in order that it may be filed as a separate compilation
2 THE GAZETTF OF INDIA : EXTRAORDINARY [PART I—SEC. 1] 4. Dr. Arjun Sengupta, MemberMINISTRY OF COMMERCE
New Delhi, the 20th July, 1984.
RESOLUTION
No.2(i51)/84-EPL.^In view of the strategic importance '•Iforeign trade in tiw economy, the Government have decided to appoint a high-Wei Committee, under the Chairmanship of the Commerce Secretary, to review the situation in tho sphere of exports and imports. The task of the Committee would be to analyso tho effectiveness of export promotion measures and import policies i s well as to suggest rationalisation and improvements, wherever required, keeping in view the domestic economic stiuation as aho the international context. The Report of the Committee would provide a base for policy formulation in tho medium-term and long-term, in order to attain the objectives of accelerating growth in our exports and rationalising our imports, in a manner consistent with the deve- lopment priorities of the economy. The constitution of the Committee shall be as follows:—
1. Shri Abid Hussain Chairman
Commce Secretary.
2. ShriP.K. Kaul, Moraber
Finance Secretary.
3. Shri S. S. Sidhu, Member
Secretary, Industrial Development.
Special Secretary to Prime Minister.
5. Dr. C. Rangarajan, Member
Deputy Govui'ncr Re.erveBank of Indi.i.
6. Shri M. Narasimham, Mjnbor
Principal,
Administrative Stall College of India. Hyderabad.
7. Shri P.C. Jain, Member
Chief Controller of I-npsrti ani Etports
8. Dr. Deepak Nayyar, Member- Economic Adviser, Secretary Ministry of Commerce
2. The terms of reference of the Committee will be as follows:—
(,i) To review the present structure of expire anJ import
policies;
(ii) to examine the cffe;tivofieii of ixport promotion mea- sures in'terms of their impact on actual export per- formance;
(iii) to suggest rationalisation and improvements, wherever
necessary, in export policies; and
(iv) to suggest appropriate changes and rationalisatitn of import policies for the conservation of foreign ex- change and the promotion of efficient import substitu- tion.
3. The Committee may, if necessary, consider any other
aspect related to the above terms of reference.
4. The Committee will formulate its own procedure of work including engagement of consultant(s), if considered necessary, for any specific area of its work.
5. Tho Committee will submit its report within a period
of six months.
6. The Headquarters of the Committee will be at New Delhi.
T.S.R. SUBRAMANIAN, Jt. Secy.