Current Affairs · State Government Initiatives
What is the primary objective of significantly reducing franchise fees for exporters under the Uttar Pradesh Excise Export Policy 2026–29?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To facilitate easier market entry and enhance the global competitiveness of state exporters✓
- 2To increase the cost of brand registration and label approval for export products
- 3To restrict the production of alcohol to traditional molasses-based methods only
- 4To transition the state revenue model from industrial output to domestic consumption taxes
Correct answer
To facilitate easier market entry and enhance the global competitiveness of state exporters
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