Export Promotion Measures By Government

28 May 2025

Export Promotion Measures By Government

Recently, the Ministry of Commerce and Industry has taken steps to enhance the competitiveness, cost-effectiveness and reach of India’s exports.

  • As per the Reserve Bank of India (RBI) Report, India’s Total Exports Grow by 6.01% to Reach Record $824.9 Billion in 2024–25, Up from $778.1 Billion in 2023–24.
  • In March 2025, India’s services exports reached US$35.6 billion, marking 18.6% year-on-year growth compared to US$30.0 billion in March 2024.
  • In 2024–25, merchandise exports excluding petroleum products rose to a record US$374.1 billion, registering a 6.0% increase from US$352.9 billion in 2023–24 — the highest ever annual non-petroleum merchandise exports.

Recent Export Promotion Measures By The Government

  • Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme Restored: The Government has allocated ₹18,233 crore under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for the financial year 2025–26.
    • The RoDTEP benefits have been reinstated for: Advance Authorization (AA) holders, Export-Oriented Units (EOUs) and Special Economic Zone (SEZ) units.

About RoDTEP Scheme

  • The RoDTEP scheme, launched on January 1, 2021, is designed to refund embedded taxes and duties that are not reimbursed under any other export incentive scheme
  • This includes taxes such as : Central and state taxes on fuel used in transportation, Electricity duties, Mandi taxes, Stamp duties on export documents, Any other unrebated taxes.
  • It is compliant with World Trade Organization (WTO) norms and implemented via a comprehensive end-to-end digital platform to ensure transparency and efficiency.
  • The RoDTEP Committee operates within the Department of Revenue
  • India disbursed over ₹57,976 crore in RoDTEP benefits from January 2021 to March 2025.

  • Removal of Port Restrictions for Leather Exports: The Directorate General of Foreign Trade (DGFT) has lifted port-specific restrictions for certain leather items.
    • Finished leather, wet blue leather, and East India tanned leather can now be exported from any port or inland container depot, instead of only through designated ports.
  • CLRI Testing: The government has done away with the requirement for testing and certification by the Central Leather Research Institute (CLRI) for the export of specific leather items.
  • GI Tag: East India tanned leather, produced using a special process involving vegetable dyes, has earned Tamil Nadu a Geographical Indication (GI) tag.

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UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

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