IGNOU ECO 1 2026 2027 - Export promotion measures for Indian businesses

Question

Export promotion measures for Indian businesses

06 Aug 2026

Answer :

Word Count : 284

Export promotion measures are policies and initiatives adopted by the Indian government to encourage domestic businesses to sell goods and services in international markets. Exports contribute to economic growth, foreign exchange earnings, employment generation, industrial development and integration with the global economy. One important measure is the provision of financial incentives and assistance to exporters. Schemes such as the Remission of Duties and Taxes on Exported Products (RoDTEP) help refund certain

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