Ministry of Commerce and Industry (India)

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The Ministry of Commerce and Industry (IAST: Vānijyā evām Udyog Mantrālaya) is a ministry of the Government of India responsible for foreign trade policy, foreign direct investment policy, and promoting internal trade. It negotiates trade agreements, represents India at the World Trade Organisation, and administers special economic zones, intellectual property offices and several commodity boards. The ministry was re-created on 13 October 1999 under Prime Minister Atal Bihari Vajpayee by merging the Ministry of Commerce and the Ministry of Industry, both of which had existed in various forms since independence. The ministry has two departments: the Department of Commerce and the Department for Promotion of Industry and Internal Trade. It is usually headed by a minister of cabinet rank and occasionally by a minister of state (independent charge). The current minister is Piyush Goyal, in office since 31 May 2019.

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