$2 trillion in exports by 2030, paid in rupees; India’s ‘dynamic’ foreign trade policy explained

Updated: April 03, 2023, 07:08 PM IST
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Government of India Foreign Trade P… MoreThe Government of India released the Foreign Trade Policy (FTP) 2023 last week. The policy aims to increase India’s exports of goods and services to USD 2 trillion by 2030. The new foreign-based policy proposes to shift from incentive-based regime to exemption and entitlement-based regime to achieve the ambitious target.