<h1>India's Export Growth Hits 7.91% in 2018-19; New Policies and Incentives Boost MSMEs and Logistics.</h1> India's exports, including merchandise and services, rose from USD 498.63 billion in 2017-18 to USD 538.07 billion in 2018-19, marking a 7.91% growth. The Export Development Fund exists under the Export-Import Bank of India Act, 1981. To boost exports, the government introduced the Foreign Trade Policy 2015-20, which includes schemes like MEIS and SEIS. Incentives for MSME sectors were increased, and a Logistics Division was established to enhance logistics performance. India's ease of doing business rank improved significantly. Additionally, the government launched schemes to address export infrastructure, agricultural exports, and tax rebates for garments and made-ups.