Role and functions of the commodity board

1. Role/Function of commodity board

2. Role/Function of commodity board
• The main role of commodity board is to projects good image of Indian products.
The commodity board's performing the following functions:
a) Issue of certificate of origin
b) Collection of information
c) Supplying information
d) Organizing seminars
e) Recommendation to government
f) Inviting trade delegations
g) Sending delegations abroad
h) Consultancy services
i) Exploration of overseas markets
j) Developing export consciousness
k) Other functions

3. 1. Issue of certificate of origin
Certain countries demand certificate of origin to the exporters
certifying the origin of goods.
2. Collection of information
It collects valuable information on overseas imports, import violations,
about competitors' customers' preferences, market demand and other
development in foreign trade.
3. Supplying information
It provides information on latest development in the field of
export trade. It may relate to various aspects of foregin trade.
Such information is vital to the exporters to take export
markting decisions.

4. 4. Organizing seminars
It organizes seminars, workshops, discussions, meeting, and conferences on
various aspect of foreign trade. Exporters are invited to take use of such
participations to know the latest development in foreign trade.
5. Recommendation to Government
It provides recommendation to the government authorities to solve export
problems and suggest measures for export growth. It may advise the
government in framing proper export import policies. It may recommend
certain modifications in the existing government policies and programmes.
4. Inviting trade delegations
It may invite trade delegation from abroad, both at private level and at
government level such trade delegations are very important to promote
export of India. Foreign delegation's visit India and sign contracts with
Indian exporters.

5. 6. Sending delegations abroad
It may undertake the responsibility of sending trade delegation
abroad comprising Indian businessmen. Indian delegation
may visit abroad and enter into contracts with overseas
buyers. Thus, foreign trade of India can be expanded.
7. Consultancy services
It may offer professional advice to exporters in areas such as
techonlogy up gradation quality and design imporvement,
standards and specification, product development, innovation,
etc. Such advices goes a long way to improve product and
organizational efficiency of the exporter.

6. 9. Exploration of overseas markets
It may assist the exporter in exploration of overseas markets and identify
items having export potential. It mau also assist the exporter to open
offices or branches a broad. It may guide the exporter in setting up of
joint ventures abroad.
10.Developing export consciousness
This organization makes all the possible efforts to develop export consciousness in
our country. This is because there is a great need for exports for a country likes so
as to earn foreign exchange.
11.Other Functions
– It may allocate or distribute quota/slips in respect of certain
items.
– It may fix minimum floor prices or may advise the
government in such fixation of floor prices.