Ministry recently sought suggestions from stakeholders, including industry and
trade associations, for the formulation of next foreign trade policy (FTP). The
FTP provides guidelines for enhancing exports to push economic growth and
Google form created to process the
General of Foreign Trade (DGFT), in a trade notice, said a Google form has been
created to collate, analyse and process the suggestions/ inputs.
requested to send their comments only through this form rather than e-mail or
paper based submissions within 15 days from November 12, it added.
The government announces steps to promote goods and services exports
under a FTP
“The foreign trade
policy (2015-20) was extended for a year till March 31, 2021. In order to
prepare a new five year FTP, suggestions/inputs are invited from various
stakeholders,” the directorate said in a trade notice to export promotion
councils, commodity boards, trade/industry bodies/associations/organisations,
members of trade and industry and all regional authorities of DGFT. The
government announces steps to promote goods and services exports under a FTP.
various benefits are provided under different schemes such as merchandise export
from India scheme (MEIS), services export from India scheme (SEIS), advance
authorisation and export promotion capital goods. Since 2011-12, India’s
exports have been hovering at around USD 300 billion. During 2018-19, overseas
shipments stood at USD 331 billion, while it aggregated USD 314.3 billion in