President awards 35 commercially important persons

President Dr Ram Baran Yadav today awarded some 35 Commercially Important Persons (CIP) for their contribution to the economy.

The 35 people and institutions – under 15 category – have been selected on the basis of their performance by Trade and Export Promotion Centre (TEPC) under the Ministry of Commerce and Supplies.

The President handed over the CIP emblem and certificate to the representatives of firms and organisations selected under 15 different categories.

The CIP awradees will get special facilities like they can use VIP lounge at the airport, get SAARC business sticker visa, and have easy access to the national and international leaders.

The award that is given every two years, has this year recognised the largest third country exporter, largest exporter to India and China, largest overseas importer, industry with largest employment generation, and largest taxpayers in the last two years.

President Yadav, on the occasion, said that the country can develop economically only through joint efforts of the government and the private sector. Stressing the need for better understanding between the government and the private sector to translate policies and programmes, he asked to effectively promote the domestic products and exports.