The Annual Performance Agreement (APA) for 2016-2017 financial year was signed on 4th August, 2016 between Hon'ble Minister and Hon'ble Secretary, MoIC. Subsequently Hon'ble Secretary signed the APA with the its five Department heads (DITT,RSTA,DoIM,DoAT and BCAA).

Hon'ble Minister instructed all officials of MoIC to put in extra effort to achieve all stated APA goals for which both Hon'ble Minister and Hon'ble Secretary shall be providing full support. The Minster also stated that team work is very essential for MoIC to achieve all of its stated APA goal. The Hon'ble Secretary also reminded the importance of achieving all the committed target by being specific on target indicators. He also informed that APA shall also however be used as a tool to evaluate individual performance.