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    <description>A narrowing merchandise trade deficit resulted from a larger fall in imports than exports. In response, the Foreign Trade Policy emphasises export support and ease of doing business; export incentives and coverage under the merchandise export scheme were expanded and documentary requirements relaxed; the Niryat Bandhu mentoring scheme and streamlined online filing, payments and duty free input access through Advance Authorisation, DFIA, EPCG and drawback schemes were implemented to reduce transaction costs and boost exporter participation.</description>
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