The Ministry of Finance notified the appointment of Devendra Kumar Singh, Additional Secretary & Development Commissioner, Ministry of Micro, Small and Medium Enterprises, as Central Government nominee Director on the Board of Directors of Small Industries Development Bank of India (SIDBI). He will be succeeding Ram Mohan Mishra, with immediate effect and until further orders.
During his stint in Directorate General of Foreign Trade, he has been assigned the work related to the formulation of Foreign Trade Policy to enhance transparency, enhance e-governance, greater trade facilitation, digitization of processes from start to end of the process chain and working towards the concept of the whole of Government of India in the foreign trade governance so as to achieve a larger objective of bringing national interest in focus.
He was also the Member Secretary of the Second Taskforce on Transaction Cost in Exports which is aimed to evolve a strategy towards reducing transaction costs in terms of specific problems for export and import
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