What is the News?
The Prime Minister has inaugurated ‘Vanijya Bhawan’ and launched the NIRYAT portal.
What is Vanijya Bhawan?
It is a new premises of the Ministry of Commerce and Industry.
It is designed as a smart building which incorporates the principles of sustainable architecture with a special focus on energy saving.
It will be used by the two Departments under the Ministry of Commerce i.e Department of Commerce and the Department for Promotion of Industry and Internal Trade(DPIIT).
What is NIRYAT Portal?
Full Form: National Import-Export Record for Yearly Analysis of Trade (NIRYAT)
Purpose: It is a one-stop platform for the stakeholders to get all the necessary information related to India’s foreign trade.
Features: From this portal, important information related to more than 30 commodity groups exported to more than 200 countries of the world will be available. In the coming time, information related to district-wise exports will also be available on this portal.
Source: The post is based on the article “PM inaugurates ‘Vanijya Bhawan’ and launches NIRYAT portal” published in PIB on 23rd June 2022.