I scooped the report of Justice MC Jain inquiry into assassination of Rajiv Gandhi and conspiratorial angle,
for VAARTHA a Telugu Daily, much before it was handed over to Govt of India. With this the Inder Gujral Govt fell.Chacha Sitaram Kesri submitted withdrawal of Congress support to Gujral Govt. Chacha specially gave me a Lunch to persue the scoooped copy of the report. Ten to fifteen special scoop stories done by me
and Chanda Kochchar with other top industrialists and
businessmen have arrived at 7 Race Course Road to attend
the Prime Minister's Trade advisory Council meeting
being presided over by the Prime Minister.
Senior Union Minsters and secretaries to Government of India
are present at the Meeting.It began at 430 pm is expected to go upto
The Trade and Economic Relations Committee
Constituted on 3rd May 2005, the Trade & Economic Relations Committee is an institutional mechanism for evolving the extent, scope and operational parameters of our economic relations with other countries in a coordinated and synchronized manner.
The Committee is serviced by the Prime Minister’s Office, which may obtain assistance as required from any Ministry/Department/Agency of Government.
The composition of the Trade and Economic Relations Committee is as follows:-
(a) Prime Minister - Chairman
(b) Finance Minister
(c) Commerce & Industry Minister
(d) External Affairs Minister
(e) Deputy Chairman, Planning Commission
(f) Chairman, Economic Advisory Council
(g) Chairman, National Manufacturing Competitiveness Council
(h) National Security Adviser
(i) Principal Secretary to PM - Convenor
The Secretaries of the Departments of Economic Affairs, Revenue, Commerce, Industrial Policy & Promotion as well as Secretary, Planning Commission and Foreign Secretary, are permanent invitees to the meetings of the Committee.
The Chairman may invite any other Minister/Officer to any meeting of the Committee depending upon the context.
The Committee would engage in the following tasks:
(a) Suggest mechanisms for promoting economic cooperation through various arrangements such as Joint Study Groups, Task Forces, Negotiating Teams, etc.
(b) Suggest the extent and scope of economic engagement with the identified countries.
(c) Commission studies which would be valuable inputs in arriving at suitable decisions.
(d) Examine proposals for economic coordination between India and the identified countries.
The Committee has held thirteen meetings till date, in which the following issues have been discussed:
1.India’s engagement in regional trading arrangements
2.Investments, both into the country and by India abroad
3.Economic relations with the US, with special emphasis on the Small
and Medium Enterprises sector
4.Economic relations with the EU
5.Free Trade Agreement between India and the Gulf Cooperation
6.India’s economic engagement with Bangladesh and Pakistan, esp in
the context of textile trade
7.India’s economic engagement with Korea
8.Status of negotiations in the WTO
9.Progress on South Asian Free Trade Area
10.Economic Engagement with BIMSTEC
11.Proposed Framework Agreement with SACU
12.Proposed Comprehensive Economic Cooperation and Partnership
Agreement (CECPA) and progress on PTA with Mauritius
13.Recommendations of the India-Israel Joint Study Group
14.Progress on India- ASEAN FTA
15. Proposed JSG between India and Russia
16. Proposed areas of Trade Cooperation among India, Brazil and
17.CECA between India and Indonesia
18. Unilateral Tariff Preference Scheme for LDCs
19. Setting up of a National Center for International Trade Policy
20. Progress on India- Chile PTA
21. Progress on India- Mercosur PTA
22. Constitution of a JWG to study the feasibility of a comprehensive
FTA among SACU, India and MERCOSUR
23. Issues relating to India-Japan Joint Study Group
24. Open skies agreement with ASEAN
25. Trade and Economic Framework between India and Australia
26. Issues relating to India-EU High Level Trade Group
27. Progress on Indo- US economic dialogue
28. Comprehensive Economic Partnership Agreement ( CEPA) with