Government set up various advisory bodies for promotion of trade. Elaborate the advisory bodies role in promoting the trade and their effectiveness.

Terms of reference of the Board of Trade are: To advise the Government on Policy measures for preparation and implementation of both short & long term plans for increasing exports in the light of emerging national and international economic scenario; To review export performance of various sectors, identify constraints and suggest industry specific measures to optimize export earnings; To examine the existing institutional framework for imports and exports and suggest practical measures for further streamlining to achieve the desired objectives; and To review the policy instruments and procedures for imports and exports and suggest steps to rationalize and channelize such schemes for optimum use. Inter State Trade Council The Inter State Trade Council was setup with a view to serve as a mechanism for institutionalized dialogue between the Union and the States in matters relating to trade facilitation and to create a framework for making States partners in India's export effort.