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Leverage GST, explore new markets to spur exports: Revised FTP

Tuesday - December 5, 2017 4:46 pm , Category : BUSINESS
 Leverage GST, explore new markets to spur exports: Revised FTP
Leverage GST, explore new markets to spur exports: Revised FTP

New Delhi Dec 5 (IANS) The Union government on Tuesday released the "Mid-Term Review of Foreign Trade Policy" (2015-20) to focus on strategies to spur exports.



According to the Ministry of Commerce & Industry the revised FTP focuses on the goal of exploring new markets and new products as well as on increasing India s share in the traditional markets and products.

"The revised FTP focuses on... leveraging benefits of GST by exporters; close monitoring of export performances and taking immediate corrective measures based on state-of-the-art data analysis; increasing ease of trading across borders; increasing the realisations from Indian agriculture based exports " the ministry said in the foreign trade policy statement 2017.

--IANS
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