<h1>India's $450M Boost for Exporters Through Reduced Transaction Costs Announced at World Economic Forum in Davos.</h1> The reduction of transaction costs has generated $450 million for exporters, as announced by a government official at the World Economic Forum in Davos. The official highlighted India's commitment to equitable and inclusive growth, emphasizing initiatives like the National Skill Development Mission and National Manufacturing Policy. The creation of National Investment and Manufacturing zones aims to establish world-class manufacturing hubs. The official stressed the importance of economic and political stability in South Asia and highlighted India's liberalization efforts, which have enhanced transparency and efficiency. Programs like Bharat Nirman aim to empower the poor and improve infrastructure, leveraging India's young demographic.