Recently  the  Report  of  the  High-Level  Advisory  Group  was submitted to the government. A high-level advisory group (HLAG) on trade and policy,was formed by Ministry of Commerce and Industry.The HLAG has examined the global economic scenario and the performance of India’s trade and given recommendations in light of India’s historical economic and trade policy challenges.It has recommended simpler regulatory and tax framework for overseas investment funds, allowing individual investment from abroad in Indian debt and capital markets, and state-specific policies to facilitate FDI in agro-processing. It recommended to form a single ministry for the regulation of medical devices across the value chain, an independent authority on pharmaceuticals and biotechnology, a simpler medical visa regime and health insurance portability of social security entitlements across countries. It has recommended to make Invest India, the centralised authority for issuing licences which will then become answerable to a set of ministers. The report suggested ways to double India’s exports to $1 trillion by 2025 from $500 billion.It suggested to set up an apex trade promotion organisation as a separate entity to replace the Directorate General of Foreign Trade, India Trade Promotion Organisation and the Trade Promotion Council of India.