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    <title>Development of Trade and Commerce</title>
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    <description>The Foreign Trade Policy 2015-2020 consolidates merchandise incentives into the Merchandise Exports from India Scheme (MEIS) awarding transferable duty credit scrips, introduces the Services Exports from India Scheme (SEIS) for notified service providers, and implements an Interest Equalization Scheme for rupee export credit. Duty free import facilities (Advance Authorisation, DFIA, EPCG) and deemed export relief continue. Procedural reforms include e IEC, reduced documentation, online inter ministerial SCOMET consultations, eBRC data sharing, simplified application forms, and new support measures such as the Trade Infrastructure for Export Scheme and the Niryat Bandhu exporter mentoring programme.</description>
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