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Exports are regarded as an economic growth engine that support structural reforms in the economy in the wake of liberalization. In recent times, India is witnessing slowdown in the process of exports with its traditional partners. Under these circumstances, government has set in motion policies and strategic measures that catalyse the growth of exports in several different industrial sectors as well as in newer markets. Foreign Trade Policy (FTP) 2015-20 and other schemes provide promotional measures to boost India’s exports with the objective to offset infrastructural inefficiencies and associated costs involved to provide exporters a level playing field. Brief of these measures are as under:
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