Indian & World Geography·Policy Changes

Export Import Policy — Policy Changes

Constitution VerifiedUPSC Verified
Version 1Updated 5 Mar 2026
EntryYearDescriptionImpact
Foreign Trade Policy 2015-20 Extension2020Extended the FTP 2015-20 for one year due to COVID-19 disruptions, with modifications to address pandemic-related trade challenges including relaxation of export obligations and enhanced support for essential goods exportsProvided policy continuity during crisis while allowing flexibility for businesses to adapt to changed circumstances
RoDTEP Scheme Introduction2021Replaced the WTO-disputed MEIS scheme with RoDTEP to ensure compliance with international trade rules while maintaining export competitiveness through refund of embedded taxes and dutiesResolved WTO compliance issues while providing a more transparent and comprehensive incentive mechanism for exporters
Foreign Trade Policy 2023 Launch2023Introduced comprehensive new policy framework with 'Districts as Export Hubs' concept, enhanced digitalization, sustainability focus, and alignment with Atmanirbhar Bharat objectivesShifted from sector-based to geography-based export promotion, emphasizing inclusive growth and local potential development
Featured
🎯PREP MANAGER
Your 6-Month Blueprint, Updated Nightly
AI analyses your progress every night. Wake up to a smarter plan. Every. Single. Day.
Ad Space
🎯PREP MANAGER
Your 6-Month Blueprint, Updated Nightly
AI analyses your progress every night. Wake up to a smarter plan. Every. Single. Day.