Sansad TV
Commerce, Industry and Textiles Minister Piyush Goyal on Friday unveiled India’s Foreign Trade Policy 2023. New policy seeks to boost the country’s exports to USD 2 trillion by 2030 by shifting from incentives to remission and entitlement based regime. It also seeks to make the Indian rupee a global currency and allow international trade settlement in the domestic currency. Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed. The FTP benefits have been extended to e-commerce exports which are estimated to grow to USD 200-300 billion by 2030. The value limit for exports through courier service is being increased from Rs 5 lakh to 10 lakh per consignment. In addition to the already existing 39 TEEs, the new FTP identifies four new Towns of Export Excellence — Faridabad, Moradabad, Mirzapur and Varanasi.
Guests:
1. Dr Ajay Sahai, DG & CEO, FIEO
2. Subhash Chandra Pandey, Former Special Secretary & Financial Adviser, Ministry of Commerce and Industry, GoI
3. A K Bhattacharya, Editorial Director, Business Standard
Anchor: Vishal Dahiya
Producer:- Pardeep Kumar
Production :- Surender Sharma
Guest Team- Vishwa Pratap Singh, Anshuman
Research- Balbir Singh Gulati
PCR TEAM- Ashutosh Jha, Ranpal Singh, Syed Farhat Ali
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