RoDTEP

Facts for Prelims (FFP)   Source: TH Context: The Indian government is exploring options to reinstate tax remission benefits for sugar exports, which were excluded from the Remission of Duties and Taxes on Export Products (RoDTEP) scheme in June 2022. Sugar was moved to the ‘restricted’ category as a precautionary measure to enhance domestic availability …

Foreign Trade Policy 2023: Criticism

GS Paper 3  Syllabus: Indian Economy   Source: Indian Express  Context: Recently Foreign Trade Policy 2023 was unveiled by the government For the provisions of FTP 2023: Click here   Issues with the new FTP 2023 policy:

India-Australia Economic Cooperation and Trade Agreement (ECTA) approved

GS Paper 2 Syllabus: International Relations   Source: Indian Express  Direction: The agreement is significant since it is 1st such agreement for India with a developed country in the past 10 years. The articles are taken from IE Editorial.   Context: Australian Parliament ratified India-Australia Economic Cooperation and Trade Agreement (ECTA) in a landmark moment for …