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Commerce department to rope in 140 private sector pros

The commerce department is likely to rope in 140 professionals from the private sector under the proposed trade promotion body for key roles in bilateral and multilateral trade negotiations, data intelligence and export promotion.

The lateral recruitment of private sector expertise and talent is a crucial element of the plan to help India reach $2 trillion of exports by 2030.

This would expand the number of officers engaged in trade negotiations, officials said.

“The process to get outside government talent in the commerce department is on and by October 15, it will start showing results,” said an official aware of the development.

“We have approval for 140 people and that includes lawyers, economists and MBAs,” the official said.

The creation of multi-skilled teams and enhanced participation of private sector talent is part of the revamp of the department of commerce under which trade negotiations have been housed into two separate bilateral and multilateral buckets.

A trade intelligence and analytics wing has been set up, and academic institutions like ICRIER, IIFT and NCAER asked to provide long term expertise.

“The idea is that Indian Trade Service should be the in-house long-term expertise with institutional memory that would reside in the department,” said the official. “It can infuse new talent through government recruitment and the private sector.”



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