Prelims 2018: Quick Revision Notes – Schemes & Policies Part-II

IAS Prelims Quick Revision Notes Schemes and Policies Part II for GS

Economy Schemes and Policies

1. New Foreign Trade Policy 2015- 20/ Export Import Policy (EXIM)

Ministry —Ministry of Commerce

Aim — 1. Developing export potential, improving export performance, encouraging foreign trade and creating favorable balance of payments position.

2. To double India’s exports in goods and services over the next five years (from $465 billion to $900 billion) and upping the Indian share of the world exports pie from the current 2 percent to 3.5 percent over the same period.