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The long-awaited and much-delayed mid-term review
of the Foreign Trade Policy FTP 2015-2020, was
released by the Ministry of Commerce in December
last. While the government enhanced rewards
under its flagship export promotion schemes and
addressed some issues that had come into play after
the implementation of GST, there wasnt anything that
exceeded expectations of Indias EXIM community. In
its zeal for ticking the right boxes, the review seems to
have given radical structural reforms a miss. Will the
revised FTP help deliver a sustained export growth
The Dollar Business takes stock.