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Intel President Paul Otellini says India can emerge as the leader in globaI IT economy. Photo: Sebastian D'Souza/AFP/Getty Images


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7. TRADE POLICY RATIONALISATION:

  • Trade policy liberalised. Most items on Open General License.
  • Policies fully compatible with WTO.
  • Functioning of the Director General Foreign Trade (DGFT) computerized:
  • All 33 locations are Web-enabled.
  • 70% of the total transactions of exporters/importers are Web-enabled.
  • Transaction time has reduced to just 6 hours.
  • On-line banking fully integrated.
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