In a move that further added to the uncertainty among the exporter fraternity, Commerce and Industry Minister Piyush Goyal on Monday said that the Foreign Trade Policy (FTP) will be extended for another six months till March 31, 2022.
This is the third time that the policy has been extended. The government had extended the FTP 2015-20 on March 31 last year till March 31, 2021 in the wake of the deadly virus outbreak. It was extended again by six months till September 30, 2021 and the new policy would have come into effect from October 1.
Exporters and industry stakeholders, however, are not so gung ho about …
Industry may find $400 billion exports target a struggle with the FTP extended till March 2022
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