Piyush Goyal sets March 2027 deadline for digitisation of DGFT services, aims to end physical visits
Economic Times 2 hrs ago·4 Nov 2026, 2:30 pm
Commerce Minister Piyush Goyal has announced a firm deadline of March 31, 2027, for the complete digitisation of all Directorate General of Foreign Trade (DGFT) services. This major policy shift aims to eliminate the need for physical visits to government offices for licensing, permits, and SCOMET approvals. The initiative also includes digitising historical records and simplifying procedural steps for businesses.
This move is significant for the broader market as it promises to streamline cross-border trade and reduce compliance costs. For investors, it signals a long-term push towards a more efficient and transparent business environment, which can enhance the operational efficiency of export-oriented companies. The success of this digital transition will be a key factor to watch in the coming years.
Key takeaways
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
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