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Online platform soon for amnesty scheme benefits: DGFT SK Sarangi

'There are other sectors, such as engineering goods, agriculture, food processing, where the potential is very high'

Santosh Kumar Sarangi, DGFT, Director General of Foreign Trade
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Santosh Kumar Sarangi, Director General of Foreign Trade, Ministry of Commerce (Photo: Invest India)

Shreya Nandi New Delhi

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Over the next one week, the government will create an online platform for entities to avail special one-time amnesty scheme for default in export obligations, Director General of Foreign Trade Santosh Kumar Sarangi said during an interaction. Edited excerpts:

What will be the immediate benefits for exporters under the Foreign Trade Policy (FTP) 2023?

There is no correlation between providing incentives and higher exports. Over a period of time, the thought process has been to move away to remission-based schemes and improve the supply chain on our domestic front. For that, focusing on schemes such as the production-linked incentive (PLI)

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First Published: Mar 31 2023 | 10:51 PM IST

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