Question 1 · 10 marks · 120 words written
Opening · a figure
India recently achieved $400 bn merchandise export goal and contributes 2.2% of global exports.
In this context, foreign trade policy 2023 (FTP) is extremely important.
Body · points and prose
Potential of FTP 2023
- custom facilitation - enable lesser complexities
- 24x7 custom clearance
- e-sanchit portal Reduce burden of regulatory cholesterol (ECO survey '21)
Districts as export hubs - facilitate bottom up approach and one district one product
Hand-holding enterprises - through Niryat Bandhu portal.
Quality focus - enable quick grievance redressal on the quality aspect
emerging areas - facilitate e-commerce exports and digital tech focus
Close · a quotation
As prime minister rightly pointed out, non cooperation was weapon for independence. But for modern growth, we need to cooperate with global economy.