Parliament Question: Boosting Exports

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE LOK SABHA UNSTARRED QUESTION NO. 1602 ANSWERED ON 09/12/2025 BOOSTING EXPORTS 1602. SMT. MALVIKA DEVI Will the Minister of COMMERCE AND INDUSTRY ¼okf.kT; ,oa m|ksx ea=h½ pleased to state: (a) the steps being taken by the industry to boost India’s exports such as textiles, agriculture, engineering goods, and pharmaceuticals; (b) whether the Government has recently identified new global markets for Indian exporters and if so, the details thereof; (c) the steps being taken by the Government to help the industry in the situation of the recent decline in India’s export growth; and (d) the measures being taken by the Government to support exporters, especially small exporters. ANSWER okf.kT; ,oa m|ksx ea=ky; esa jkT;ea=h ¼Jh ftfru izlkn½ THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JITIN PRASADA) (a) to (d): The Government has adopted a multi-pronged and integrated strategy to bolster India's exports across all sectors, with a special focus on addressing global market challenges and supporting exporters, including MSMEs and small exporters. This strategy combines enhanced infrastructure, digital transformation financial support, and targeted market initiatives to create a resilient and competitive export ecosystem. 1In response to recent global trade headwinds, the Government is intensifying efforts through both flagship schemes and sector-specific interventions. Key initiatives are outlined in detail below: I. Flagship Export Promotion and Digital Infrastructure Schemes: a. Export Promotion Mission (EPM): This flagship initiative, announced in the Union Budget 2025-26 with a total outlay of Rs.25,060 crore for FY 2025-26 to FY 2030-31, provides a comprehensive, flexible, and digitally-driven framework for export promotion. It aims to strengthen the competitiveness of key sectors like textiles, engineering goods, pharmaceuticals, and agriculture. b. Bharat Trade Net (BTN): Bharat Trade Net (BTN), announced in the Union Budget 2025, is a flagship digital public infrastructure developed by DGFT under the Ministry of Commerce & Industry. It aims to digitize trade documents, improve access to export finance, and integrate India's trade ecosystem with global standards. Anchored in India's G20 advocacy and aligned with international frameworks like UNCITRAL’s MLETR and MLIT, it aims to provide cost-effective, interoperable, and MSME-friendly trade operations. The initiative enhances MSME competitiveness by enabling simpler, paperless documentation, reducing compliance burdens, and facilitating faster, secure trade transactions recognized globally. II. Financial and Credit Support Mechanisms: a. The Central Government has introduced the Credit Guarantee Scheme for Exporters (CGSE) to provide 100% credit guarantee coverage by the National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions (MLIs) for extending additional credit facilities up to Rs. 20,000 crore to eligible exporters, including MSMEs. It will strengthen liquidity, ensure smooth business operations, and reinforce India's progress towards Aatmanirbhar Bharat. b. Under the International Cooperation Scheme being implemented by the Ministry of Micro Small and Medium Enterprises, financial assistance is provided on reimbursement basis to the eligible Central/State Government organizations and Industry Associations to facilitate visits/participation of MSMEs in international exhibitions/fairs/buyer-seller meets held abroad and for organizing international conferences/seminar/workshops in India with the 2aim of technology upgradation, modernization, joint venture etc. Further, reimbursement is provided to first-time Micro & Small Exporters for costs incurred on Registration-cum-Membership Certification (RCMC) with Export Promotion Councils (EPCs), Export Insurance Premium, and Testing & Quality Certification for export. c. Export Credit Guarantee Corporation of India (ECGC) has introduced several measures to support exporters, including: Collateral-Free Cover under WT-ECIB: In order to stimulate export credit among MSME exporters, who are not in a position to offer any collateral or third-party guarantee, a scheme offering ‘Collateral-Free Cover’ has been introduced by ECGC w.e.f. July 1, 2025. The scheme aims to support collateral-free export credit lending by Banks under its WT-ECIB, for export credit working capital limits up to ₹10 crore, without any additional premium. This will enable the banks to offer liberal credit to MSMEs. Enhanced Cover without additional premium under WT-ECIB: In order to compensate banks to a larger extent and to bring down the insurance cost and ease of doing business, the Company is offering enhanced cover of 90% to the eligible banks and accounts for their export credit loans up to ₹50 crore, as against earlier limit of up to ₹20 crore, without any incremental cost, w.e.f. October 1, 2025. Enhanced cover for Banks (for MSMEs): ECGC is offering enhanced cover of 90% to the banks availing WT-ECIB covers, as against 70% earlier, in respect of small exporter accounts having aggregate export credit working capital limit up to ₹80 crore, with a condition that they pass on this benefit through lower interest rate applicable to accounts with ‘AA’ and equivalent rating, thus facilitating availability of adequate credit at cost effective rates, particularly for MSME exporters. Enhanced cover for directly sourced business: ECGC is providing enhanced cover of up to 100% to exporters who take a policy directly from the Company without involving any alternate channels/brokers. Simplified procedure for settlement of claims: To provide better service and improve the turnaround time for settlement of claims under Short Term (ST)- ECIB, the Company has simplified the procedure for settlement of ECIB Claims for net principal outstanding up to ₹10 crore, irrespective of the limits sanctioned. MoU with Ministry of Micro, Small and Medium Enterprises (MoMSME): ECGC has signed an MoU with the Ministry of MSME for implementing the 'Capacity Building of First Time MSE Exporters' (CBFTE) component of the 3IInntteerrnnaattiioonnaall CCooooppeerraattiioonn ((IICC)) SScchheemmee.. UUnnddeerr tthhee CCBBFFTTEE sscchheemmee,, aa rreeffuunndd of premium up to ₹111000,,,000000000 iiinnn aaa fffiiinnnaaannnccciiiaaalll yyyeeeaaarrr iiisss aaallllllooowwweeeddd tttooo ttthhheee eeellliiigggiiibbbllleee eeexxxpppooorrrttteeerrrsss hhhooollldddiiinnnggg '''SSSmmmaaallllll EEExxxpppooorrrttteeerrr'''sss PPPooollliiicccyyy''' aaannnddd hhhaaavvviiinnnggg aaa vvvaaallliiiddd UUUdddyyyaaammm rreeggiissttrraattiioonn uunnddeerr ‘‘MMiiccrroo’’ oorr ‘‘SSmmaallll’’ EEnntteerrpprriissee ccaatteeggoorryy.. III. Sector-Specific Initiiaattiivveess:: a. For Textiles: TTThhheee GGGooovvveeerrrnnnmmmeeennnttt iiisss iiimmmpppllleeemmmeeennntttiiinnnggg ttthhheee RRReeebbbaaattteee ooofff SSStttaaattteee aaannnddd CCCeeennntttrrraaalll TTTaaaxxxeeesss aaannnddd LLeevviieess ((RRooSSCCTTLL)) sscchheemmee ffoorr AAppppaarreell//GGaarrmmeennttss aanndd MMaaddee-uuppss iinn oorrddeerr ttoo eennhhaannccee ccoommppeettiittiivveenneessss bbyy aaddooppttiinngg tthhee pprriinncciippllee ooff zzeerroo-rraatteedd eexxppoorrttss.. IIInnn aaaddddddiiitttiiiooonnn,,, ttthhheee GGGooovvveeerrrnnnmmmeeennnttt ppprrrooovvviiidddeeesss fffiiinnnaaannnccciiiaaalll sssuuuppppppooorrrttt tttooo vvvaaarrriiiooouuusss EEExxxpppooorrrttt PPPrrrooommmoootttiiiooonnn CCCooouuunnnccciiilllsss aaannnddd TTTrrraaadddeee BBBooodddiiieeesss tttooo ooorrrgggaaannniiissseee aaannnddd pppaaarrrtttiiiccciiipppaaattteee iiinnn tttrrraaadddeee ffaaiirrss,, eexxhhiibbiittiioonnss,, bbuuyyeerr-sseelllleerr mmeeeettss,, eettcc..,, aatt nnaattiioonnaall aanndd iinntteerrnnaattiioonnaall lleevveellss to boost exports. The ooottthhheeerrr mmmaaajjjooorrr sssccchhheeemmmeeesss///iiinnniiitttiiiaaatttiiivvveeesss iiinnncccllluuudddeee PPPMMM MMMeeegggaaa IIInnnttteeegggrrraaattteeeddd TTTeeexxxtttiiillleee RRReeegggiiiooonnnsss aaannnddd AAAppppppaaarrreeelll (((PPPMMM MMMIIITTTRRRAAA))) PPPaaarrrkkksss SSSccchhheeemmmeee tttooo cccrrreeeaaattteee aaa mmmooodddeeerrrnnn,,, integrated, world class textile infrastructure; Production Linked IInncceennttiivvee (PLI) SScchheemmee ffooccuussiinngg oonn MMMMFF FFaabbrriicc,, MMMMFF AAppppaarreell aanndd TTeecchhnniiccaall TTeexxttiilleess ttoo bbboooooosssttt lllaaarrrgggeee ssscccaaallleee mmmaaannnuuufffaaaccctttuuurrriiinnnggg aaannnddd eeennnhhhaaannnccciiinnnggg cccooommmpppeeetttiiitttiiivvveeennneeessssss;;; NNNaaatttiiiooonnnaaalll TTTeeeccchhhnnniiicccaaalll TTTeeexxxtttiiillleeesss MMMiiissssssiiiooonnn fffooocccuuusssiiinnnggg ooonnn RRReeessseeeaaarrrccchhh IIInnnnnnooovvvaaatttiiiooonnn &&& DDDeeevvveeelllooopppmmmeeennnttt,,, PPrroommoottiioonn aanndd MMaarrkkeett DDeevveellooppmmeenntt;; SSAAMMAARRTTHH – SScchheemmee ffoorr CCaappaacciittyy Building in Textile SSSeeeccctttooorrr wwwiiittthhh ttthhheee ooobbbjjjeeeccctttiiivvveee ppprrrooovvviiidddiiinnnggg dddeeemmmaaannnddd dddrrriiivvveeennn,,, ppllaacceemmeenntt oorriieenntteedd,, sskkiilllliinngg pprrooggrraamm;; SSiillkk SSaammaaggrraa-22 ffoorr ccoommpprreehheennssiivvee dddeeevvveeelllooopppmmmeeennnttt ooofff ssseeerrriiicccuuullltttuuurrreee vvvaaallluuueee ccchhhaaaiiinnn;;; NNNaaatttiiiooonnnaaalll HHHaaannndddllloooooommm DDDeeevvveeelllooopppmmmeeennnttt PPrrooggrraamm ffoorr eenndd ttoo eenndd ssuuppppoorrtt ffoorr hhaannddlloooomm sseeccttoorr.. b. For Agriculture: The Department of Commerce, through APEDA, pprroovviiddeess financial aaassssssiiissstttaaannnccceee tttooo iiitttsss mmmeeemmmbbbeeerrr eeexxxpppooorrrttteeerrrsss aaacccrrrooossssss ttthhheee cccooouuunnntttrrryyy tttooo ppprrrooommmooottteee eeexxxpppooorrrtttsss ooofff sssccchhheeeddduuullleeeddd ppprrroooddduuuccctttsss ttthhhrrrooouuuggghhh iiitttsss FFFiiinnnaaannnccciiiaaalll AAAssssssiiissstttaaannnccceee SSSccchhheeemmmeee... TTThhheee sssccchhheeemmmeee hhaass tthhee ffoolllloowwiinngg ccoommppoonneennttss:: Development of EExxppoorrtt Infrastructure QQuuaalliittyy DDeevveellooppmmeenntt MMaarrkkeett DDeevveellooppmmeenntt The details of financial aassssiissttaannccee guidelines are available at AAPPEEDDAA’’ss website www.apeda.gov.in uunnddeerr tthhee ““SScchheemmee”” ttaabb.. Further, APEDA is iimmpplleemmeennttiinngg the National Programme ffoorr Organic 4PPPrrroooddduuuccctttiiiooonnn (((NNNPPPOOOPPP)))... TTThhheee ppprrrooogggrrraaammmmmmeee iiinnnvvvooolllvvveeesss ttthhheee aaaccccccrrreeedddiiitttaaatttiiiooonnn ooofff CCCeeerrrtttiiifffiiicccaaatttiiiooonnn BBBooodddiiieeesss,,, ttthhheee dddeeevvveeelllooopppmmmeeennnttt ooofff ssstttaaannndddaaarrrdddsss fffooorrr ooorrrgggaaannniiiccc ppprrroooddduuuccctttiiiooonnn,,, ttthhheee pprroommoottiioonn ooff oorrggaanniicc ffaarrmmiinngg aanndd mmaarrkkeettiinngg,, eettcc.. UUnnddeerr tthhee NNaattiioonnaall PPPrrrooogggrrraaammmmmmeee fffooorrr OOOrrrgggaaannniiiccc PPPrrroooddduuuccctttiiiooonnn (((NNNPPPOOOPPP))),,, ooopppeeerrraaatttooorrrsss aaarrreee ccceeerrrtttiiifffiiieeeddd aaaccccccooorrrdddiiinnnggg tttooo ttthhheeeiiirrr ssscccooopppeee ooofff ooopppeeerrraaatttiiiooonnn,,, sssuuuccchhh aaasss ppprrroooddduuuccctttiiiooonnn,,, ppprrroooccceeessssssiiinnnggg,,, aaannnddd tttrrraaadddiiinnnggg... AAAPPPEEEDDDAAA iiisss aaalllsssooo cccooonnnddduuuccctttiiinnnggg tttrrraaaiiinnniiinnnggg &&& CCCaaapppaaaccciiitttyyy BBBuuuiiillldddiiinnnggg ppprrrooogggrrraaammmmmmeeesss aaannnddd export promotiiiooonnn aaaccctttiiivvviiitttiiieeesss fffooorrr ooorrrgggaaannniiiccc ssstttaaakkkeeehhhooollldddeeerrrsss aaacccrrrooossssss ttthhheee cccooouuunnntttrrryyy... TTTooo fffuuurrrttthhheeerrr bbboooooosssttt aaagggrrriiicccuuullltttuuurrraaalll eeexxxpppooorrrtttsss,,, AAAPPPEEEDDDAAA hhhaaasss rrreeeccceeennntttlllyyy lllaaauuunnnccchhheeeddd ttthhheee nnneeewww iinniittiiaattiivvee ''BBHHAARRAATTII'' ((BBhhaarraatt’’ss HHuubb ffoorr AAggrriitteecchh,, RReessiilliieennccee,, AAddvvaanncceemmeenntt aanndd IIInnncccuuubbbaaatttiiiooonnn fffooorrr EEExxxpppooorrrttt EEEnnnaaabbbllleeemmmeeennnttt)))... IIIttt hhhaaasss bbbeeeeeennn dddeeesssiiigggnnneeeddd tttooo eeemmmpppooowwweeerrr 111000000 agri-food and agri-ttteeeccchhh ssstttaaarrrtttuuupppsss,,, aaacccccceeellleeerrraaattteee ttthhheeeiiirrr jjjooouuurrrnnneeeyyy,,, ppprrrooommmooottteee iiinnnnnnooovvvaaatttiiiooonnn aaannnddd cccrrreeeaaattteee nnneeewww eeexxxpppooorrrttt oooppppppooorrrtttuuunnniiitttiiieeesss fffooorrr yyyooouuunnnggg eeennntttrrreeeppprrreeennneeeuuurrrsss... BHARATI seeks tooo rrreeesssooolllvvveee eeexxxpppooorrrttt ccchhhaaalllllleeennngggeeesss rrreeelllaaattteeeddd tttooo ppprrroooddduuucccttt dddeeevvveeelllooopppmmmeeennnttt,,, vvvaaallluuueee aaddddiittiioonn,, qquuaalliittyy aassssuurraannccee,, ppeerriisshhaabbiilliittyy,, wwaassttaaggee aanndd llooggiissttiiccss.. c. For Pharmaceuticals: KKKeeeeeepppiiinnnggg iiinnn vvviiieeewww IIInnndddiiiaaa’’’sss vvviiisssiiiooonnn ooofff bbbeeecccooommmiiinnnggg ‘‘‘AAAtttmmmaaannniiirrrbbbhhhaaarrr’’’,,, ttthhheee GGGooovvveeerrrnnnmmmeeennnttt hhhaaasss lllaaauuunnnccchhheeeddd PPPrrroooddduuuccctttiiiooonnn LLLiiinnnkkkeeeddd IIInnnccceeennntttiiivvveeesss (((PPPLLLIII))) SSSccchhheeemmmeeesss wwwiiittthhh aaa fffiiinnnaaannnccciiiaaalll ooouuutttlllaaayyy ooofff RRRsss... 111...999777 lllaaakkkhhh cccrrrooorrreee iiinnn 111444 kkkeeeyyy ssseeeccctttooorrrsss... IIInnn ttthhheee PPPhhhaaarrrmmmaaaccceeeuuutttiiicccaaalll iiinnnddduuussstttrrryyy,,, ttthhheee GGGooovvveeerrrnnnmmmeeennnttt hhhaaasss lllaaauuunnnccchhheeeddd ttthhheee PPPLLLIII SSSccchhheeemmmeee tttooo ppprrrooommmooottteee dddooommmeeessstttiiiccc mmaannuuffaaccttuurriinngg ooff ccrriittiiccaall KKeeyy SSttaarrttiinngg MMaatteerriiaallss ((KKSSMMss))//DDrruugg IInntteerrmmeeddiiaatteess (((DDDIIIsss)))///AAAccctttiiivvveee PPPhhhaaarrrmmmaaaccceeeuuutttiiicccaaalll IIInnngggrrreeedddiiieeennntttsss (((AAAPPPIIIsss))) iiinnn IIInnndddiiiaaa,,, aaalllsssooo kkknnnooowwwnnn aaasss ttthhheee PPPLLLIII SSSccchhheeemmmeee fffooorrr BBBuuulllkkk DDDrrruuugggsss... TTThhheee sssccchhheeemmmeee aaaiiimmmsss tttooo aaavvvoooiiiddd dddiiisssrrruuuppptttiiiooonnnsss tttooo ttthhheee supply of critical APIs bbyy reducing the risk ooff ssuuppppllyy ddiissrruuppttiioonn ffrroomm excessive dddeeepppeeennndddeeennnccceee ooonnn aaa sssiiinnngggllleee sssooouuurrrccceee... TTThhheee PPPLLLIII SSSccchhheeemmmeee fffooorrr PPPhhhaaarrrmmmaaaccceeeuuutttiiicccaaalllsss hhhaaasss aaalllsssooo bbbeeeeeennn lllaaauuunnnccchhheeeddd tttooo eeennnhhhaaannnccceee IIInnndddiiiaaa'''sss mmmaaannnuuufffaaaccctttuuurrriiinnnggg cccaaapppaaabbbiiillliiitttiiieeesss bbbyyy iiinnncccrrreeeaaasssiiinnnggg iiinnnvvveeessstttmmmeeennnttt aaannnddd ppprrroooddduuuccctttiiiooonnn iiinnn ttthhheee ssseeeccctttooorrr aaannnddd dddiiivvveeerrrsssiiifffyyyiiinnnggg ppprrroooddduuuccctttsss into high-vvaalluuee ggooooddss iinn tthhee pphhaarrmmaceutical industry. d. For Engineering: SSSccchhheeemmmeee fffooorrr RRReeemmmiiissssssiiiooonnn ooofff DDDuuutttiiieeesss aaannnddd TTTaaaxxxeeesss ooonnn EEExxxpppooorrrttteeeddd PPPrrroooddduuuccctttsss (((RRRoooDDDTTTEEEPPP) for re-iiimmmbbbuuurrrssseeemmmeeennnttt ooofff tttaaaxxxeeesss/// ddduuutttiiieeesss/// llleeevvviiieeesss,,, wwwhhhiiiccchhh aaarrreee cccuuurrrrrreeennntttlllyyy nnnooottt bbbeeeiiinnnggg rrreeefffuuunnndddeeeddd uuunnndddeeerrr aaannnyyy ooottthhheeerrr mmmeeeccchhhaaannniiisssmmm,,, aaattt ttthhheee CCCeeennntttrrraaalll,,, SSStttaaattteee aaannnddd lllooocccaaalll llleeevvveeelll,,, wwwhhhiiiccchhh aaarrreee iiinnncccuuurrrrrreeeddd iiinnn ttthhheee ppprrroooccceeessssss ooofff mmmaaannnuuufffaaaccctttuuurrreee aaannnddd dddiiissstttrrriiibbbuuutttiiiooonnn ooofff eeexxxpppooorrrttteeeddd products. The scheme calllllleeeddd “““TTTrrraaadddeee IIInnnfffrrraaassstttrrruuuccctttuuurrreee fffooorrr EEExxxpppooorrrttt SSSccchhheeemmmeee (((TTTIIIEEESSS)))””” wwwaaasss launched with effffffeeecccttt fffrrrooommm 111...444...222000111777 tttooo aaaddddddrrreeessssss ttthhheee eeexxxpppooorrrttt iiinnnfffrrraaassstttrrruuuccctttuuurrreee gggaaapppsss in the country. 5AAA vvvaaarrriiieeetttyyy ooofff eeexxxpppooorrrttt ppprrrooommmoootttiiiooonnn aaaccctttiiivvviiitttiiieeesss aaarrreee uuunnndddeeerrrtttaaakkkeeennn ttthhhrrrooouuuggghhh EEEEEEPPPCCC IIInnndddiiiaaa,,, including the annnnnnuuuaaalll IIInnnttteeerrrnnnaaatttiiiooonnnaaalll EEEnnngggiiinnneeeeeerrriiinnnggg SSSooouuurrrccciiinnnggg SSShhhooowww iiinnn IIInnndddiiiaaa aaannnddd ttthhheee IIInnndddiiiaaannn EEEnnngggiiinnneeeeeerrriiinnnggg EEExxxhhhiiibbbiiitttiiiooonnnsss hhheeelllddd wwwooorrrllldddwwwiiidddeee,,, tttooo ppprrrooommmooottteee eeennngggiiinnneeeeeerrriiinnnggg exports. IV. Grassroots, LLooggiissttiiccss,, and Industrial Infrastructure: a. TThhee DDiissttrriiccttss aass EExxppoorrtt HHuubbss ((DDEEHH)) iiss aann iinniittiiaattiivvee ooff tthhee GGoovveerrnnmmeenntt ooff IInnddiiaa aaiimmeedd aatt ffoosstteerriinngg ddiissttrriicctt-lleevveell eexxppoorrtt ggrroowwtthh bbyy iiddeennttiiffyyiinngg pprroodduuccttss aanndd services with ddeemmoonnssttrraabbllee export potential. The initiative seeks ttoo strengthen lllooocccaaalll vvvaaallluuueee ccchhhaaaiiinnnsss bbbyyy fffooorrrmmmuuulllaaatttiiinnnggg DDDiiissstttrrriiicccttt EEExxxpppooorrrttt AAAccctttiiiooonnn PPPlllaaannnsss (((DDDEEEAAAPPPsss))) iiinnn cccoooooorrrdddiiinnnaaatttiiiooonnn wwwiiittthhh SSStttaaattteee GGGooovvveeerrrnnnmmmeeennntttsss,,, wwwiiittthhh aaa vvviiieeewww tttooo aaaddddddrrreeessssssiiinnnggg cccrrriiitttiiicccaaalll gggaaapppsss iiinnn iiinnnfffrrraaassstttrrruuuccctttuuurrreee,,, lllooogggiiissstttiiicccsss,,, ssstttaaannndddaaarrrdddiiisssaaatttiiiooonnn,,, bbbrrraaannndddiiinnnggg,,, mmmaaarrrkkkeeettt aaacccccceeessssss aaannnddd capacity-building. b. SSStttrrreeennngggttthhheeennniiinnnggg iiinnnfffrrraaassstttrrruuuccctttuuurrreee ttthhhrrrooouuuggghhh ttthhheee NNNaaatttiiiooonnnaaalll LLLooogggiiissstttiiicccsss PPPooollliiicccyyy aaannnddd PPPMMM GGGaaatttiii SSShhhaaakkktttiii eeennnhhhaaannnccceeesss mmmuuullltttiiimmmooodddaaalll cccooonnnnnneeeccctttiiivvviiitttyyy aaannnddd rrreeeddduuuccceeesss lllooogggiiissstttiiicccsss cccooossstttsss,,, dddiiirrreeeccctttlllyyy bbbeeennneeefffiiitttiiinnnggg MMMSSSMMMEEE eeexxxpppooorrrttteeerrrsss bbbyyy eeeaaasssiiinnnggg sssuuupppppplllyyy ccchhhaaaiiinnn bbbooottttttllleeennneeeccckkksss... c. In addition to the aabboovvee,, the Government has taken several iinniittiiaattiivveess under ttthhheee ‘‘‘EEEaaassseee ooofff DDDoooiiinnnggg BBBuuusssiiinnneeessssss’’’,,, iiinnncccllluuudddiiinnnggg ttthhheee BBBuuusssiiinnneeessssss RRReeefffooorrrmmm AAAccctttiiiooonnn PPPlllaaannn (BRAP), the B-RRReeeaaadddyyy aaasssssseeessssssmmmeeennnttt,,, ttthhheee TTTrrraaadddeee CCCooonnnnnneeecccttt eeePPPlllaaatttfffooorrrmmm,,, aaannnddd rreedduucciinngg ccoommpplliiaannccee bbuurrddeennss.. AAddddiittiioonnaallllyy,, tthhee GGoovveerrnnmmeenntt iiss pprrooaaccttiivveellyy wwoorrkkiinngg ttoo ddiivveerrssiiffyy IInnddiiaa''ss eexxppoorrtt bbbaaassskkkeeettt aaannnddd rrreeeddduuuccceee dddeeepppeeennndddeeennncccyyy ooonnn tttrrraaadddiiitttiiiooonnnaaalll mmmaaarrrkkkeeetttsss bbbyyy iiidddeeennntttiiifffyyyiiinnnggg aaannnddd fffaaaccciiillliiitttaaatttiiinnnggg eennttrryy iinnttoo nneeww aanndd eemmeerrggiinngg gglloobbaall mmaarrkkeettss.. LLeevveerraaggiinngg FFrreeee TTrraaddee AAggrreeeemmeennttss (FTAs), tthhee GGoovveerrnnmmeenntt aaiimmss ttoo pprroommoottee EExxppoorrtt DDiivveerrssiiffiiccaattiioonn aanndd hhaass ssiiggnneedd 1155 FFFrrreeeeee TTTrrraaadddeee AAAgggrrreeeeeemmmeeennntttsss (((FFFTTTAAAsss))) aaannnddd 666 PPPrrreeefffeeerrreeennntttiiiaaalll TTTrrraaadddeee AAAgggrrreeeeeemmmeeennntttsss (((PPPTTTAAAsss))) wwwiiittthhh iiitttsss tttrrraaadddiiinnnggg pppaaarrrtttnnneeerrrsss... 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TTThhheee GGGooovvveeerrrnnnmmmeeennnttt iiisss aaalllsssooo eeennngggaaagggeeeddd iiinnn nnneeegggoootttiiiaaatttiiiooonnnsss fffooorrr eeeaaarrrlllyyy cccooonnncccllluuusssiiiooonnn ooofff mutually beneficialll FFFTTTAAAsss wwwiiittthhh ttthhheee EEEUUU,,, PPPeeerrruuu,,, CCChhhiiillleee,,, NNNeeewww ZZZeeeaaalllaaannnddd,,, OOOmmmaaannn eeetttccc. *** 6