Indian foreign trade policy to be postponed again and again ..
Indian foreign trade policy is adjusted every five years.
Through this India is making various agreements with specific countries to increase our export trade in line with global demand.
Trade relations between the two countries are further enhanced when new agreements are made with new countries.
April 1, 2020, is the last day we need to change our new foreign trade policy.
The decision was postponed for the next one year as Corono was actively spreading in India at the time.
On April 1, 2021, we will have implemented the new trade policy. But again the second wave began to spread so this decision was postponed for the next six months.
While Indian exporters and importers were waiting for the new trade policy to take effect on October 1, another announcement came from the central government.
The Central Government is exploring the impact of the RoDTEP and PLI schemes recently implemented by the Central Government on our export-import trade.
The federal government has announced that a new foreign trade policy will be released on April 1, 2022, examining its shortcomings.
Until then the old foreign trade policy will remain in force ...
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