Union Government Unveils Mid-Term Review of Foreign Trade Policy 2015-20

Posted on:06 Dec 2017 12:48:05
Union Government Unveils Mid-Term Review of Foreign Trade Policy 2015-20
06 December 2017 Current Affairs: Commerce and Industry Minister Suresh Prabhu let out more incentives while unveiling the mid-term review of the Foreign Trade Policy 2015-20 with a view to boosting exports.

The Union minister stated that the Merchandise Exports from India Scheme (MEIS) incentive rate will be raised by 2 percent across the board for labour-intensive/MSME sectors.

The focus of the FTP will be on exploring new markets and products as well as increasing India's share in traditional markets and products.
Commerce and Industry Minister Suresh Prabhu let out more incentives while unveiling the mid-term review of the Foreign Trade Policy 2015-20 with a view to boosting exports.

The Union minister stated that the Merchandise Exports from India Scheme (MEIS) incentive rate will be raised by 2 percent across the board for labour-intensive/MSME sectors.

The focus of the FTP will be on exploring new markets and products as well as increasing India's share in traditional markets and products.

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