On April 1, India was to unveil the Foreign Trade Policy India 2021-2026. The prevailing policy was extended by a year because of Covid-19, which was to finish on March thirty-one. And therefore the government decided to extend it for six additional months. Now the present policy will valid up to September thirty. The Foreign Trade Policy India (FTP) outlines government ways and steps to market domestic production and exports with the target of driving economic process.
It remains to imagine how new Foreign Trade Policy India gets affected after fighting the second wave of the pandemic. The new policy is eagerly awaited as economies across the world grapple with lock-downs, restrictions and the pandemic’s consequences for international trade.