<h1>Government Boosts Foreign Trade Policy with Increased Incentives for Labor-Intensive Sectors; MEIS and SEIS Enhanced.</h1> The government has revised the Foreign Trade Policy (2015-20) to stimulate growth through increased incentives, particularly in labor-intensive sectors. Following consultations with trade bodies and export councils, the Merchandise Exports from India Scheme (MEIS) incentives were raised by 2% for labor-intensive MSME sectors, with additional incentives for textiles, leather, and footwear. The policy also supports the export of value-added goods like telecom components and medical equipment. The Services Exports from India Scheme (SEIS) incentives were increased for sectors including business services and healthcare. The India Brand Equity Fund (IBEF) is promoting Indian exports by focusing on quality and sector-specific branding.