The aim of foreign trade policy is to grow our exports reach worldwide with provision of long-lasting export promotion schemes, council for Export Import goods.
The policy is design to facilitate and implement the export document with ease and responsive as per the trade requirement.
The major approach for the policy is to have special initiatives for provisions regarding Export Import.
- Promotional activity around world
- Duty exemption /remission scheme
- Incentives
- Emerging areas- ecommerce developing districts as export hubs and stream lining
- Scomet policies
- Reduction in cost
- Collaboration with state district talukas for export promotion
- Amnesty scheme is an initiative to reduce litigation with transport relationship to help cut off the problems of exporters
- The new policy of ftp 2023 explain as re-engineering and fast automation in exports to facilitate ease of doing business
- Govt has introduced Scomet policy high technology items
- One time amnesty scheme for exporters to close the old pending authorizations and start a fresh
- Towns export excellence scheme for exporters by streamlining the popular advance authorization and EPCG schemes enabling export trade from India
- Towns of export excellence
- Promoting exports through districts, taluka side
- Expanding Scomet(special chemicals, organisations, materials, equipment and technologies) among stakeholders to facilitate international treaties for high good technologies
- Ecommerce exports: a growing sector in Indian economy with further changes in courier exports as consignment cap on ecommerce rise from 5 lakh to 10lakh in ftp 2023
- This scheme is helpful to provide relief to exporters who are unable to meet the obligation under EPCG and advance authorization.