Stakeholders are requested to send their comments only through this form rather than e-mail or paper based submissions within 15 days from November 12, it added.
“The foreign trade policy (2015-20) was extended for a year till March 31, 2021. In order to prepare a new five year FTP, suggestions/inputs are invited from various stakeholders,” the directorate said in a trade notice to export promotion councils, commodity boards, trade/industry bodies/associations/organisations, members of trade and industry and all regional authorities of DGFT.
The government announces steps to promote goods and services exports under a FTP.
At present, various benefits are provided under different schemes such as merchandise export from India scheme (MEIS), services export from India scheme (SEIS), advance authorisation and export promotion capital goods.
Since 2011-12, India’s exports have been hovering at around USD 300 billion. During 2018-19, overseas shipments stood at USD 331 billion, while it aggregated USD 314.3 billion in 2019-20.