India made a significant improvement to the Ease of Doing Business by decreasing the number of obligatory paperwork needed for each import and export of commodities to three. To this end, the Directorate General of Foreign Trade (DGFT) recently released a notification. In July 2014, the Department of Commerce established an Inter Ministerial Committee with the DGFT as its Chairman to research and provide recommendations on how to lessen the amount of obligatory paperwork needed for export and import. The Committee visited JNPT to study the local situation and look for ways to minimise the number of documents, reduce transaction costs, and shorten the time required for exports and imports.



