An ‘Open House Session with Mr. Pravir Kumar, DirectorGeneral of Foreign Trade (DGFT) and his team specifically focussed on the vision, goals and objectives of the New FTP and emphasized on the newly introduced schemes MEIS & SEIS as a support to boththe manufacturing and services sectors.
Mr. Sanjay Beswal, Co-Chairman, Foreign Trade & Investment Committee, PHD Chamber gave a comprehensive presentation on the new ForeignTrade Policy (2015-2020). He gave a review of the major changes in the policy and explained its impact. Mr. Beswal also elaborated on the industry perspective and suggestions on certain provisions of the policy.
The session was followed by a discussion session whereat participants clarified their queries related to schemes for handicrafts, capital goods, bio-technology, engineering goods,defence, healthcare equipments, interest subvention, issues related to downward revision of incentives, status holder scheme, transaction costs etc.