Explanation:

National Committee on Trade Facilitation (NCTF) was setup under the cabinet secretary to draw up a WTO-compliant pan-India road map for implementing it.
? The NCTF has been constituted in line with the World Trade Organisation (WTO) pact in April on Trade Facilitation Agreement (FTA), which India also ratified.
? The panel will facilitate domestic coordination and implementation of the TFA provisions. It will also synergise the various trade facilitation perspectives across the country and focus on an outreach programme for sensitization of stakeholders about it.
About Trade Facilitation Agreement (TFA)
? In December 2013, WTO members concluded negotiations on a Trade Facilitation Agreement at the Bali Ministerial Conference, as part of a wider “Bali Package”.
? It contains provisions for expediting the movement, release and clearance of goods, including goods in transit.
? It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues.
? It further contains provisions for technical assistance and capacity building in this area.
? The problem with TFA runs in a clause that says farm subsidies cannot be more than 10 percent of the value of agricultural production. If the cap is breached, other members can challenge it and also go on to impose trade sanctions on the country.
? The developing countries would have a problem with the solutions offered by the developed countries as without the subsidies the food security of the developing nations could be seriously harmed. India agreed to the TFA in Bali only under the condition that interim relief would be provided to the developing nations.