Despite talks about leveraging the digital, the foreign trade policy has failed to mention how this emphasis on technology can address the financial shortcomings that plague the MSME sector.
This FTP intends to reduce transaction costs by reducing composition fees in certain schemes, simplifying procedure, and integrating various timelines into the policy.
New FTP expects e-commerce exports to grow up to $200-300 billion by 2030. It also proposes reduced licence fees for MSMEs, provisions for merchanting trade & more.
In exclusive interview to ThePrint, DGFT Santosh Kumar Sarangi talked about India's free-trade agreements with UAE & Australia, new Foreign Trade Policy & China opening up its economy.
Modi govt's ‘deal’ for the farmer is: ‘Heads I win, tails you lose’. Just when farmers might receive a decent price, the govt floods the market with imports or bans exports.
HC also rejected the Centre’s contention that information on judges traveling abroad privately is required so that they can be given requisite assistance in case of an emergency.
India looking at 'several options' to do business with Russia in light of the economic sanctions slapped on the country by the US and the European Union over its war on Ukraine.
The India-UAE Comprehensive Economic Partnership Agreement signed Friday is first comprehensive trade deal signed by India with a Gulf country & India’s first trade agreement in a decade.
Federation of Indian Export Organisations chief A. Sakthivel also hopes the upcoming foreign trade policy will tackle overseas marketing of exports & transport subsidies of agri exports.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
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