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.
Esta historia es de la edición March 30, 2023 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición March 30, 2023 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
INVESTORS SUFFER ₹31 TRILLION SHOCK
Benchmarks slip 6% in worst result-day fall since 1999
Intel unveils new chip in AI battle with Nvidia, AMD
Intel Chief Executive Officer (CEO) Pat Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia.
Netanyahu prolonging Gaza war for political aims: Biden
President Joe Biden said Israeli leader Benjamin Netanyahu may be stalling on ending the war in Gaza for political reasons, according to an interview with Time magazine released on Tuesday.
URGENT CALL TO ACTION FOR OUR LAND, OUR FUTURE
WORLD ENVIRONMENT DAY, WHICH IS OBSERVED ON JUNE 5 EACH YEAR, HIGHLIGHTS THE CHALLENGES OUR ENVIRONMENT IS FACING, AND URGES US TO TAKE ACTION
LOSSES IN NORTHERN, WESTERN STRONGHOLDS WEIGHED ON BJP
Major gains in Karnataka, Rajasthan helped Congress increase seat tally
Next NDA meeting may witness proposal for Bihar package
Finance ministry likely to keep elements of package within ₹1 trillion spread over more than one year
Lenders seek to place Byju's US assets under bankruptcy
Allege the company is not paying its debts
SBI MF hits ₹10 trn AUM milestone
Becomes the first fund house to reach the benchmark
Rail coal freight volume rises 9.3% on summer demand pull
With the summer heat reaching record highs in northern India in May, Indian Railways ferried 9.3 per cent more coal than last year, and freight volumes for all commodities on the railway network grew 3.9 per cent in the previous month, according to government data.
SpiceJet plans to raise ₹2,085 cr by mid-Aug
SpiceJet is planning to raise $250 million (₹2,085 crore) by mid-August as it would assist the airline in clearing its balance sheet and put it on the path of growth, its chairman and managing director Ajay Singh (pictured) said on Wednesday.
