Foreign Trade Policy Review

he Foreign Trade Policy (FTP) 2015-20 targeted doubling of exports of goods and services from $466 billion in 2013-14

An FTP is an elaborate policy guideline and a strategy to promote export of goods and services

The policy could throw light on how India may want to be integrated into the global value chain, for which realignment has started, and factors that have affected the integration

The export package was approved by GST Council resolving the problem of blockage of working capital

Besides incentives, the mid-term review of the FTP (2015-2020) 'clearly focusses' on strategies to enhance exports, said Deloitte India's Senior Director R.Muralidharan