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<h1>Government's Foreign Trade Policy Boosts MSME Exports with Incentives, Training, and New Logistics Division Enhancements.</h1> The government's Foreign Trade Policy acknowledges the significant role of Micro, Small, and Medium Enterprises (MSMEs) in exports, contributing substantially to manufacturing output, exports, and GDP. The policy provides various incentives, including a 3% interest subvention on export credit and duty credit scrips under the Merchandise Exports from India Scheme. MSMEs also receive benefits like Status Recognition for exceeding export thresholds and training under the Niryat Bandhu Scheme. Recent updates increased incentives for labor-intensive sectors and introduced a self-assessment scheme for duty-free procurement. A new Logistics Division aims to enhance sector efficiency through policy improvements and technological interventions.