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New Foreign Trade Policy Announced (FTP-2023), click to read more about the new FTP, new measures and initiatives to boost exports from India. Also download the PDF of UPSC Notes.
4 Ιαν 2022 · Under a free trade policy, goods and services can be bought and sold across international borders with little or no government tariffs, quotas, subsidies, or prohibitions to inhibit their exchange. The concept of free trade is the opposite of trade protectionism or economic isolationism.
1 Απρ 2023 · The government aims to increase India’s overall exports to USD 2 trillion by 2030, with equal contributions from the merchandise and services sectors. The government also intends to encourage the use of the Indian currency in cross-border trade, aided by a new payment settlement framework introduced by the RBI in July 2022.
9 Μαρ 2022 · SANSAD TV: PERSPECTIVE- FREE TRADE AGREEMENT. Introduction: Free trade agreements are arrangements between two or more countries or between a country and a trading bloc to abolish or reduce tariffs, quotas, and preferences on goods and services traded.
18 Νοε 2022 · Provide an overview of India's Free Trade Agreement (FTA) journey and propose major changes in the country's foreign trade policy.
Some of its key objectives include 25 percent annual growth in exports by 2014, doubling of Indian share in global trade by 2020, improving export-related infrastructure, reducing transaction costs through trade facilitation measures, and securing enhanced market access, among others.
6 Απρ 2023 · Foreign Trade Policy (2023) is based on continuity of time-tested schemes facilitating exports as well as a document which is nimble and responsive to the requirements of trade. It is based on principles of ‘trust’ and ‘partnership’ with exporters. It replaced the extant policy ‘FTP 2015-20’.
