#GS3 #Economy #Exports #PLI #RODTEP #MAI #TIES #Schemes
Despite Global economic woes - Indian export sector registered a tremendous growth $641 Billion (April 2022)>$547 Blllion (April 2021)
Contribution A)
4 Export Led scheme -
*MAI
*RoDTEP
*TIES
*PLI
B)
Focussing Logistics
*Though a weak link but Union Budget 2023-2024 proactively addressed Logistics (capital expenditure increased by 33%)
C)
Changed strategy of FTAs--
--Exploring new FTAs and revamping the older ones
--short term and few incentive focussed to restructured ,use of technology to furturistic and long term strategy with actively engaging state government at district level in the identification of potential products and markets and including all stakeholders in developing overall export promotion strategy
