<h1>Task Force Reduces Export Transaction Costs by Rs. 2100 Crores, Boosting India's Trade Competitiveness with 21 Implemented Solutions.</h1> The Task Force on Transaction Cost, initiated by the Ministry of Commerce and Industry in 2009, aimed to enhance the efficiency of India's export processes by reducing costs and improving competitiveness. Led by government officials and industry representatives, the task force identified over 100 issues, with 44 prioritized for action across seven ministries. Of these, 32 issues were agreed upon for implementation, with 21 already executed, potentially reducing transaction costs by approximately Rs. 2100 crores. The task force's efforts are expected to have a long-term positive impact on the competitiveness of Indian exports.