Question
Export promotion measures
Answer :
Word Count : 266
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Export promotion measures in India are policy instruments and institutional mechanisms designed to enhance the country’s export performance, diversify markets, and improve global competitiveness. These measures aim to correct structural bottlenecks, reduce transaction costs, and provide incentives to exporters in goods and services sectors. One important measure is fiscal incentives. Schemes such as the Remission of Duties and Taxes on Exported Products (RoDTEP) refund embedded taxes and duties not otherwise rebated, thereby ensuring that exports remain tax-neutral
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