The present International Commerce Coverage (FTP) was to finish on September 30.
New Delhi:
The federal government on Monday stated it has determined to increase the prevailing International Commerce Coverage (2015-20) by one other six months until March 2023.
The present International Commerce Coverage (FTP) was to finish on September 30.
Extra Secretary within the Division of Commerce, Amit Yadav, stated there have been calls for from completely different quarters, together with business associations and export promotion councils, to increase the coverage and never introduce a brand new coverage at the moment.
They’ve said that presently there are challenges like international uncertainties and foreign money fluctuations.
There was additionally a view to align the rollout of the brand new coverage with the brand new monetary yr.
The commerce and business ministry had earlier introduced that it’s going to launch the brand new FTP by the tip of this month.
(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)
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