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19th August 2021 (4 Topics)

Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme

Examine the role of commodity exports in Indian economic growth.(150 words)

Approach:

  • Introduce by giving data on the contribution of commodity exports in India’s GDP and employment generation
  • Give a snapshot of India’s export in terms of volume and commodity type
  • Government’s efforts to promote exports - example MEIS scheme and recent Remission of Duties and Taxes on Exported Products Scheme
  • Way forward / Conclusion
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