New Delhi: Minister of Commerce and Industry Piyush Goyal said on Monday foreign trade policy (FTP) will be extended till March 31 next year.
The government had earlier extended the FTP 2015-20 till September 30 this year due to the COVID-19 crisis.
The FTP provides guidelines for increasing exports to promote economic growth and create jobs.
“We are notifying it this evening or tomorrow. We have decided to extend the policy till March 31 (2022)… and in the (new) financial year we will start with the new policy,” he told reporters here. can.” .
He expressed hope that by that time the problem of Kovid-19 would be resolved.
On March 31, 2020, The government had extended the Foreign Trade Policy 2015-20 by one year till March 31, 2021, amid the coronavirus outbreak and lockdown.
He said that during April-September 21, 2021, exports stood at more than $185 billion.
The government had earlier extended the FTP 2015-20 till September 30 this year due to the COVID-19 crisis.
The FTP provides guidelines for increasing exports to promote economic growth and create jobs.
“We are notifying it this evening or tomorrow. We have decided to extend the policy till March 31 (2022)… and in the (new) financial year we will start with the new policy,” he told reporters here. can.” .
He expressed hope that by that time the problem of Kovid-19 would be resolved.
On March 31, 2020, The government had extended the Foreign Trade Policy 2015-20 by one year till March 31, 2021, amid the coronavirus outbreak and lockdown.
He said that during April-September 21, 2021, exports stood at more than $185 billion.
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