DGFT provided resources to revamp IT infrastructure: Prabhu

New Delhi: The government has allocated Rs 132 crore to the Directorate General of Foreign Trade (DGFT) to revamp IT infrastructure to upgrade logistics for promoting smooth movement of goods and services in the country, Union Minister Suresh Prabhu said on Tuesday.

Prabhu said an efficient and cost-effective logistics framework would provide huge business opportunities.

“The government has allocated Rs 132 crore to the DGFT to revamp IT infrastructure for upgradation of logistics in a bid to provide paperless, faceless and transparent solutions to the problems faced by industry and trade in the movement of goods and services across the country,” industry body FICCI said quoting the minister.