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FOREIGN TRADE POLICY, FOREIGN INVESTMENT AND ECONOMIC DEVELOPMENT
What is the primary objective of India's Foreign Trade Policy (FTP)?
The primary objective of FTP is to promote exports, enhance foreign exchange earnings, and integrate India into the global economy by creating a conducive trade environment.
What is the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme?
Scheme refunding embedded taxes and duties on exported goods.
Which ministry is responsible for formulating India's Foreign Trade Policy?
The Ministry of Commerce and Industry is responsible for formulating India's Foreign Trade Policy, with the Directorate General of Foreign Trade (DGFT) as the implementing authority.
What is the full form of DGFT?
Directorate General of Foreign Trade.
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