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of <h1>India's Foreign Trade Policy 2015-2020 Boosts Exports with E-Systems, Niryat Bandhu Scheme, and Single-Window Customs</h1> The Foreign Trade Policy (FTP) 2015-2020, established under the Foreign Trade (Development & Regulation) Act, 1992, governs India's export and import activities. It allows for amendments by the Central Government and outlines procedures through the Director General of Foreign Trade (DGFT). The policy emphasizes trade facilitation, reducing transaction costs, and enhancing competitiveness. Initiatives include the Niryat Bandhu Scheme for new exporters, electronic Importer Exporter Code (e-IEC), and the Electronic Bank Realisation Certificate (e-BRC) system. The DGFT promotes ease of doing business through online systems, single-window customs clearance, and the Authorized Economic Operator program, aiming for efficient, transparent trade processes.
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