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    <title>Export of Tractors at an all-time high; sees a growth of almost 72% since 2013</title>
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    <description>Budget 2022 proposes to phase out concessional rates in capital goods and project imports gradually to create a level playing field for domestic manufacturers and enable capacity creation in sectors including tractor manufacturing. This policy change is contextualised within a broader set of export-promotion and trade-facilitation measures introduced since 2014, including the Foreign Trade Policy, export incentive schemes with transferable duty credit scrips, interest equalization on export credit, logistics reforms, remission and rebate schemes, and digital facilitation for certificates of origin.</description>
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