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    <title>Year End Review 2023 for Department of Commerce, Ministry of Commerce and Industry</title>
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    <description>Foreign Trade Policy 2023 refocuses export promotion on four pillars-remission incentives, collaborative promotion with states and missions, ease of doing business via digital measures, and emerging areas including e commerce and SCOMET items-and introduces a one time amnesty, Towns of Export Excellence, and a Status Holder Scheme. DGFT measures include Advance Authorisation duty free inputs, a searchable ad hoc norms database to avoid Norms Committee reviews, and system based automatic Status Holder certification to reduce compliance. Policy amendments also simplified composition fee calculations and liberalised civilian drone exports previously controlled under SCOMET.</description>
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