<h1>Cabinet Approves Supreme Court's Directive on Target Plus Scheme, Settling Rs. 2700 Crore Claims for Exporters.</h1> The Union Cabinet has approved the implementation of the Supreme Court's judgment concerning the Target Plus Scheme (TPS) under the Foreign Trade Policy 2004-09. This decision addresses the revenue implications of approximately Rs. 2700 crore. The scheme's benefits will be extended to eligible exporters as per the original provisions of the TPS for 2005-06. Previously denied claims due to retrospective notifications will now be settled according to the Supreme Court's directive. The scheme was discontinued in April 2006, and claims will be processed based on original notifications. This measure aims to resolve ongoing litigations and comply with the court's decision.