|Jurisdiction||Republic of India|
|Website||Department of Commerce Department of Industrial Policy and Promotion|
|This article is part of a series on the|
politics and government of
The Ministry of Commerce and Industry administers two departments, the Department of Commerce and the Department for Promotion of Industry & Internal Trade (formerly Department of Industrial Policy & Promotion). The head of the Ministry is a Minister of Cabinet rank.
|Minister of Commerce and Industry|
( वाणिज्य एवं उद्योग मंत्री)
|Ministry of Commerce and Industry|
|Appointer||President (on the advice of the Prime Minister)|
The Minister of Commerce and Industry is the head of the Ministry of Commerce and Industry and one of the cabinet ministers of the Government of India. The first Minister of Commerce and Industry of independent India was Syama Prasad Mukherjee. The current Minister is Piyush Goyal of the Bharatiya Janata Party. Goyal took over from Suresh Prabhu on 31 May 2019.
|Name||Portrait||Term of office||Party||Prime Minister|
|I. I. Chundrigar||2 September 1946||14 August 1947||All-India Muslim League||Jawaharlal Nehru|
(as Vice President of the Executive Council)
|Syama Prasad Mukherjee||15 August 1947||6 April 1950||Indian
|Nityanand Kanungo||1957||1962||Indian National Congress||Jawaharlal Nehru|
|Ram Subhag Singh||09 June 1964||13 June 1964||Indian National Congress||Lal Bahadur Shastri|
|Mohan Dharia||1977||1980||Janata Party||Morarji Desai|
|Pranab Mukherjee||January 1980||January 1982||Indian National Congress (Indira)||Indira Gandhi|
|Shivraj Patil||1982||1983||Indian National Congress (Indira)||Indira Gandhi|
|Pranab Mukherjee||September 1984||31 December 1984||Indian National Congress (Indira)||Indira Gandhi|
|V. P. Singh||January 1985||March 1985||Indian National Congress||Rajiv Gandhi|
|Arun Nehru||5 December 1989||10 November 1990||Janata Dal||V. P. Singh|
|Ajit Singh||5 December 1989||10 November 1990|
|Pranab Mukherjee||January 1993||February 1995||Indian National Congress||P. V. Narasimha Rao|
|Ramakrishna Hegde||1998||1999||Bharatiya Janata Party||Atal Bihari Vajpayee|
|Arun Jaitley||2003||2004||Bharatiya Janata Party|
|Kamal Nath||23 May 2004||2009||Indian National Congress||Manmohan Singh|
|Anand Sharma||22 May 2009||26 May 2014|
Minister of State (Independent Charge)
|26 May 2014||3 September 2017||Bharatiya Janata Party||Narendra Modi|
|Suresh Prabhu||3 September 2017||30 May 2019|
|Piyush Goyal||31 May 2019||Incumbent|
The department is entrusted with formulating and implementing the foreign trade policy and responsibilities relating to multilateral and bilateral commercial relations, state trading, export promotion measures, and development and regulation of certain export oriented industries and commodities.
In order for the smooth functioning, the Department is divided into eight divisions:
The subjects under the administrative control of the Department include:
This department was established in the year 1995, and in the year 2000 Department of Industrial Development was merged with it. This department is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives. While individual administrative ministries look after the production, distribution, development and planning aspects of specific industries allocated to them, Department of Industrial Policy & Promotion is responsible for the overall Industrial Policy. It is also responsible for facilitating and increasing the FDI flows to the country. It is also responsible to calculate WPI (I.e. Wholesale Price Index).
Policy and Promotion is also responsible for intellectual property rights relating to patents, designs, trademarks, and geographical indication of goods and oversees the initiative relating to their promotion and protection.