The institute was established as a Centre of Excellence in International Trade and Business in 1963 by Government of India. As of 2021, it is as an autonomous educational institute under the Ministry of Commerce & Industry.[4]
It was granted "Deemed to be University" status in 2002.[4] The National Assessment and Accreditation Council (NAAC) has recognized IIFT as Grade ‘A’ Institution in 2005 as well as in 2015.

Good decision to extend the foreign trading market.

Very good initiative for everyone..

trade business commerce enterpreuer farming
why not r academic do survey on this_data index
_most r youth engage in _ politician workers
or social media / gaming ...
why not their engagement in _ trade..criteria
if they wanna business then govt should help by providing all necessary requirements with flexible/strick rules
_actully only govt job attract _ due 2 power facilities
but if observe that less income than business
_in trade if person think enterpreuer as
" Economy Circulation 4 Nation "..
instead of only self bank balance there remain less scope
bit of he indulge in trade as
Hope can be a Make Globe ....
_ only money gaining business won't survive long lasting
but giving Employment 2 others makes trade Enjoyment
_ May it's not easy but if make politician answerable
do in their election agenda
trade/corporation...as job Options ..
_ & if the person r true/honest/non corrupt
easily can bend obstacles ..
these r rough thought will keep in draft...
a good trade

_

trade business corporate entrepreneur..
1_in academic fiz creitre of ideas/innovation/reserch
so help 2utilize on ground reality via Infotech
2_actually if observe that
India having different kind of climate/environment/whether
u/1roof_so if utilise in trade such as
_food/cloth/medicine..1st experiment in r country
then utilize it abroad ..
how if see that in abroad snow season _ better option of food beside packing food give option homemade but that eg_dry veg then cooked it
3_there r verious ways
even give best_ideas scholarship
which utilize 4 humanity/ mother earth..
4_health can be a utilize parameters on glob
actually_ there r 2person contribution male/female
it's body structure r same in verios criteria by nature
so instead of trafficking how would be in saving nature&self
so if utilize 4 peace/dignity 4 mankind
5_in any academic
skill mostly use 4 internship
self_dependent but as well as interdependent 4 trade
trade4 humanity/dignity/moral/value

There should be a foreign trade ministry in Central government.

draft bill

the Indian Institute of Foreign Trade Bill, 2022:
solution:
Collaboration with Industry: To ensure that the education and training provided by IIFT is relevant and meets the needs of the foreign trade sector, it is important to foster collaboration and partnerships with industry organizations.

Monitoring and Evaluation: It is important to establish a system for monitoring and evaluating the performance and impact of IIFT, to ensure that the institute is meeting its objectives and contributing to the development of the foreign trade sector in India.

Note: These solutions are general and may need to be adapted or modified based on the specific provisions of the Indian Institute of Foreign Trade Bill, 2022 and the outcome of its implementation.

the Indian Institute of Foreign Trade Bill, 2022:
solution:

Adequate Funding: To ensure the smooth operation and development of IIFT, it is important to allocate adequate funding and resources for the institute.

Recruitment of Qualified Faculty: IIFT will need to recruit a qualified and experienced faculty to provide education and training to students. This could be achieved by offering competitive salaries, benefits, and opportunities for professional development.

Infrastructure Development: To ensure the effective delivery of programs and support student needs, it is important to invest in the development of adequate infrastructure, such as classrooms, research facilities, and student housing.

the Indian Institute of Foreign Trade Bill, 2022:

Drawbacks:

Financial Burden: Establishing and maintaining IIFT could place a significant financial burden on the government, requiring significant resources and funding.

Implementation Challenges: The implementation of the bill and the establishment of IIFT could face various challenges, such as the recruitment of qualified faculty, development of infrastructure, and delivery of programs.

Competition with Existing Institutions: IIFT may compete with existing institutions that provide education and training in foreign trade, leading to potential issues related to enrollment and funding.

Note: The specific benefits and drawbacks will depend on the provisions of the Indian Institute of Foreign Trade Bill, 2022 and the outcome of its implementation.