Prime Minister Narendra Modi launches Vanijya Bhawan and NIRYAT Portal
Recently, Prime Minister Narendra Modi inaugurated the Vanijya Bhawan as well as launched the NIRYAT portal.
NIRYAT Portal
The full form of NIRYAT is 'National Import-Export Record for Yearly Analysis of Trade'. It has been
developed as a one-stop platform for stakeholders to get all the necessary information related to India's foreign trade. India exported a total of 670 billion USD (about Rs 50 lakh crore) in the year 2021. Exports play an important role in the progress of any country.
Vanijya Bhawan
Vanijya Bhawan is the new campus of the Ministry of Commerce and Industry. Constructed near India Gate, the Vanijya Bhawan will be used by two departments under the ministry, namely, the Department of Commerce and the Department for Promotion of Industry and Internal Trade (DPIIT).