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<h1>Merchandise export incentives expanded: broader product coverage and increased rates to enhance export support under MEIS</h1> Extended incentives under Merchandise Exports from India Scheme (MEIS) add 2,901 products across sectors-traditional medicines, marine products, processed foods, plastics, leather, engineering goods, textiles and related items-raising total coverage from 5,012 to 7,103 items. MEIS rates are increased for 575 items across eleven product groups including iron and steel, handicrafts, rubber, ceramic and glass, auto tyres, industrial machinery and machine tools, wood and paper products, and certain food items. The scheme's annual support ceiling is increased from Rs. 22,000 crore to Rs. 23,500 crore.