Current Affairs

FIEO elects Sharad Kumar Saraf as its New President

Exporters body- Federation of Indian Export Organisations (FIEO) has elected Sharad Kumar Saraf as its new president.

FIEO elects Sharad Kumar Saraf as its New President
  • Saraf will succeed renowned exporter Ganesh Kumar Gupta.

About Sharad Kumar Saraf:

  • Saraf in his earlier stints at the FIEO has served twice as vice-president and four times as regional chairman (west region).
  • He is also the chairman and founder of Technocraft Industries (India).
  • Saraf during his earlier period as vice-president and regional chairman (west region) established Indian Exporters Grievance Forum that works towards addressing exporters' grievances through the legal channel.
  • With his new appointment as FIEO's President, he will work towards further pushing issues of exporters at different forums and boost the country's exports.

About FIEO:

  • It was established in 1965 with headquarters in New Delhi.
  • It was formed by Union Ministry of Commerce and private trade and industry.
  • It is an apex body of exports promotion council, commodity boards and export development authorities in India.
  • Its direct members contribute more than 70% of India's exports.
  • Its functions are providing a crucial interface between the international trading community of India and Centre & State Governments, railways, ports, surface transport, financial institutions and all other engaged in trade facilitation.

Question:

Q. Who has the Federation of Indian Export Organisations (FIEO) elected as its new president?
a. Suresh Kumar Saraf
b. Ramesh Kumar Saraf
c. Vinod Kumar Saraf
d. Sharad Kumar Saraf
FIEO elects Sharad Kumar Saraf as its New President FIEO elects Sharad Kumar Saraf as its New President Reviewed by Neha on June 29, 2019 Rating: 5

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