New FTP may not bank on incentives to boost exports
Business Standard|March 30, 2023
The Centre is set to unveil the much-awaited new foreign trade policy (FTP) on Friday, after extending the current policy for three years. The new FTP is likely to focus on areas, such as developing districts as export hubs, ecommerce, and promoting ease of doing business.
SHREYA NANDI
New FTP may not bank on incentives to boost exports

The latest FTP, a comprehensive policy strategy to promote the export of goods and services, will be accompanied by a vision statement that will outline the long-term strategy for India's foreign trade. The roadmap for achieving $2 trillion worth of goods and services exports will also be drawn.

While the existing policy's focus has been on incentive-driven schemes, the new policy is likely to make Indian exports competitive through non-fiscal measures. No new export incentive scheme is expected, according to people in the know.

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هذه القصة مأخوذة من طبعة March 30, 2023 من Business Standard.

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