India extends foreign trade policy for one year amid coronavirus pandemic
All export promotion schemes, except SEIS, and other schemes to continue for another year; decision on SEIS to be taken on a later date

- Apr 1, 2020,
- Updated Apr 11, 2020 9:37 AM IST
India's Foreign Trade Policy (FTP) ending March 2020 has been extended by another year. The existing sops will thus continue till March 31, 2021. The present Policy which came into force on 1st April, 2015, is for 5 years and was originally valid up to March 31, 2020.
In a press release, Commerce Ministry said the decision was in view of the unprecedented situation arising out of the coronavirus pandemic. Salient points of the changes made in the FTP are as follows:
'Don't link banks' share prices with safety of deposits,' says RBI chief Shaktikanta Das
India's Foreign Trade Policy (FTP) ending March 2020 has been extended by another year. The existing sops will thus continue till March 31, 2021. The present Policy which came into force on 1st April, 2015, is for 5 years and was originally valid up to March 31, 2020.
In a press release, Commerce Ministry said the decision was in view of the unprecedented situation arising out of the coronavirus pandemic. Salient points of the changes made in the FTP are as follows:
'Don't link banks' share prices with safety of deposits,' says RBI chief Shaktikanta Das