Exports Need a Policy Boost
The Foreign Trade Policy (FTP) must revitalize exporter confidence and bring changes for optimizing export growth in the current global economic atmosphere. A multi-pronged differentiated strategy is required for developed countries and emerging markets. The FTP must take immediate supporting measures, including retaining the Focus Market Scheme (FMS) and Focus Product Scheme (FPS) and widening their applicability to more markets and products. This article by Mr Chandrajit Banerjee, Director General (CII) was published in The Hindu Business Line on 5 April, 2012.
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