Measures taken by Government to boost exports

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..... Measures taken by Government to boost exports
News and Press Release
Dated:- 16-12-2022

The Government has taken the following measures to boost exports and reduce trade deficit: * Foreign Trade Policy (2015-20) extended upto 31-03-2023. * Interest Equalization Scheme on pre and post shipment rupee export credit has also been extended upto 31-03-2024. * Assistance provided thro .....

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..... ugh several schemes to promote exports, namely, Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI) Scheme. * Rebate of State and Central Levies and Taxes (RoSCTL) Scheme to promote labour oriented textile export has been implemented since 07.03.2019. * Remission of Duties and Taxes on Exported Products (RoDTEP) scheme has been implemented since 01.01.2021. * C .....

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..... ommon Digital Platform for Certificate of Origin has been launched to facilitate trade and increase Free Trade Agreement (FTA) utilization by exporters. * 12 Champion Services Sectors have been identified for promoting and diversifying services exports by pursuing specific action plans. * Districts as Export Hubs has been launched by identifying products with export potential in each district, .....

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..... addressing bottlenecks for exporting these products and supporting local exporters/manufacturers to generate employment in the district. * Active role of Indian missions abroad towards promoting India's trade, tourism, technology and investment goals has been enhanced. * Package announced in light of the COVID pandemic to support domestic industry through various banking and financial sector .....

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..... relief measures, especially for MSMEs, which constitute a major share in exports. This information has been provided by Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel said in reply to a parliamentary question today.
News - Press release - PIB .....

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