The government on Monday said it has decided to extend the existing foreign trade policy (2015-20) for another six months till March 2023. The current Foreign Trade Policy (FTP) was to end on 30 September.
Amit Yadav, additional secretary in the commerce department, said there had been demands from various quarters, including industry associations and export promotion councils, to expand the policy and not introduce a new policy at this time.
He said that at present there are challenges like global uncertainty and currency volatility. Business people believe that it will be right to implement the rollout of the new policy with the new financial year. Therefore, it was decided to extend the old foreign trade policy by an additional six months.
The Ministry of Commerce and Industry had earlier announced that it would announce a new Foreign Trade Policy (FTP) by the end of this month.
A BJP MLA from Maharashtra has made an inflammatory statement. In Sangli, BJP MLA Gopichand Padal
US President Joe Biden lashed out at Donald Trump's Republican Party on Wednesday. A mob of suppo
The historical friendship between Russia and India has stood true on many occasions. Once again,
Rinku Singh Post-match interaction: India won the first T20 against Afghanistan by 6 wickets with
Indian Under-19 team's explosive opener Vaibhav Suryavanshi missed out on a big innings in the th
On Congress leader Rahul Gandhi calling the exit polls (Exit Polls 2024) a 'Modi Media Poll' and
Delhi: Investment in agri-food startups doubles to $4.6 billion, e-grocery among top gainers
Investments in technology startups in the agriculture and food sector in FY22 increased two-fold
Only a few hours are left for the counting of votes for the Lok Sabha elections in 2024. The coun
Prayers were offered for peace and prosperity in the country on Bakrid at the Taj Mahal. Morning
A hearing was held in the Delhi High Court regarding the demolition of the shack of an 80-year-ol
