Source: TOI Subject: Schemes Context: The Union Cabinet chaired by Prime Minister of India has approved the Export Promotion Mission (EPM) with an outlay of ₹25,060 crore (2025–26 to 2030–31) to strengthen India’s export competitiveness. About Export Promotion Mission (EPM): What it is? A flagship, outcome-based initiative aimed at creating a unified, technology-driven framework to …
Context: The Directorate of Revenue Intelligence (DRI) seized 46,640 smuggled Chinese firecrackers worth ₹4.82 crore at Nhava Sheva port under its ongoing “Operation Fire Trail”. About Operation Fire Trail: What it is? Operation Fire Trail is a nationwide anti-smuggling initiative launched to detect and prevent the illegal import of foreign-origin firecrackers into India. It focuses …
Source: PIB Context: The Directorate General of Foreign Trade (DGFT) introduced the Enhanced Certificate of Origin (eCoO) 2.0 System, a digital platform aimed at simplifying export certificationCAROTAR-2020-rules/ and boosting trade efficiency. About Enhanced eCoO 2.0 System: What is eCoO 2.0? The eCoO 2.0 system is an upgraded digital platform for issuing Certificates of Origin (CoO), …
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Context: Recent amendments by DGFT have established that Tamil Nadu (TN) can export up to 900 MT of artificially propagated red sanders annually, while wild specimens of red sanders have a zero export quota. DGFT has issued orders under Foreign Trade (Development & Regulation) Act, 1992 and the Foreign Trade Policy 2023. Foreign trade …
