BUSINESS

Foreign Trade Policy likely on April 1

The government is likely to unveil the new Foreign Trade Policy (FTP) on April 1, which is expected roll out incentives to boost exports.

“We are trying to unveil the new FTP on April 1. It will be aligned with ‘Make In India’, ‘Digital India’, ‘ease of doing business’ and India’s free trade pacts with its partner countries,” a Commerce Ministry official told PTI.

The much-delayed FTP may include sops for labour incentive sectors such as leather and handicraft. It is likely to talk about ways to enhance services exports.

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