<h1>Government Strengthens Domestic Manufacturing, Extends Foreign Trade Policy, and Promotes Exports to Address Trade Deficit.</h1> The government has implemented measures to reduce import reliance and curb the trade deficit by enhancing domestic capacity, incentivizing manufacturing through Production Linked Incentive schemes, and enforcing technical standards. To boost exports, the Foreign Trade Policy has been extended, and schemes like the Interest Equalization Scheme, Trade Infrastructure for Export Scheme, and Market Access Initiatives have been promoted. The government has launched a digital platform for Certificates of Origin and identified 12 Champion Services Sectors for export diversification. Additionally, districts are being targeted as export hubs, and Indian missions abroad are actively promoting trade and investment.