The Government is working on streamlining approvals to ensure that goods for exports and imports are cleared within an hour of their arrival at seaports and airports to help catapult India’s share in global trade to 10 percent by 2047.
The ‘customs ONE’ plan prepared by the commerce department is part of the India@2047 blueprint, a vision to make the country one of the world’s top three economies and achieve developed nation status by the 100th year of its independence.