Madhya Pradesh sets up State Trade Welfare Board under CM Mohan Yadav
Key Takeaways
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The Madhya Pradesh government on Tuesday, 5 May announced the establishment of a State-Level Trade Welfare Board, a structural move aimed at strengthening the state's trade and industrial ecosystem. The decision was taken at a Cabinet meeting in Bhopal, with officials confirming that the board will be chaired by Chief Minister Mohan Yadav himself.
Structure and Oversight
The board will function under the Ministry of Industrial Investment, which is already under the stewardship of Chief Minister Yadav. The Department of Micro, Small, and Medium Enterprises (MSME), currently headed by Minister Chetanya Kumar Kashyap, will serve as a key member of the board. Representatives from seven to eight other departments directly linked to trade and commerce will also be part of the body.
In addition, five to six prominent non-governmental organisations — including FICCI and Laghu Udyog Bharati — will be represented on the board, alongside 10 government-nominated members tasked with advising on trade growth, development, and employee welfare.
District-Level Reach
The initiative envisions district-level committees to ensure that the benefits of the board extend to grassroots traders and small-scale industrialists across the state. This decentralised structure is designed to prevent the reforms from remaining confined to urban commercial centres and instead reach local traders in every district.
What the Board Will Do
At its core, the board's primary mission is to promote exports by educating traders about available government schemes and creating a supportive environment for trade expansion. A significant responsibility, according to Minister Kashyap, is the formulation of policy proposals that simplify regulations and enhance ease of doing business.
