Current Affairs · Foreign Trade Policy
Consider the following statements regarding the Foreign Trade Policy (FTP) 2023: Statement I: The RoDTEP scheme replaced MEIS because MEIS was non-compliant with WTO rules on export subsidies. Statement II: FTP 2023 introduced a one-time Amnesty Scheme for exporters to regularize defaults under EPCG and Advance Authorization. Statement III: To boost e-commerce exports, the policy increased the value limit for exports through courier services from 5 lakh rupees to 10 lakh rupees per consignment. Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only II and III
- 2Only I and III
- 3I, II and III✓
- 4Only I
Correct answer
I, II and III
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