Current Affairs

GK MCQs Section

MEIS

Import of Oxygen concentrators for personal use permitted

The Directorate General of Foreign Trade recently notified that the import of oxygen concentrators shall be allowed for personal use. The Government of India has revised the Foreign...

May 3, 2021

RoDTEP Scheme

The Government of India recently announced that the benefits of RoDTEP (Remission of Duties and Taxes on Exported Products) scheme is to be extended to all goods. What...

January 2, 2021

Government decides to cap export incentives under MEIS scheme

The government have decided to cap export incentives under Merchant Export from India Scheme (MEIS) at ₹2 crore per exporter on outbound shipments made during September-December, 2020. It...

September 3, 2020

Federation of Indian Export Organization: Indian Exports to fall by 20%

On May 19, 2020, the Federation of Indian Export Organization reported that the Indian Exports are to fall by 20%. This according to the organization will amount to...

May 20, 2020

GoI extends Foreign Trade Policy

On April 1, 2020, the Government of India notified that the export schemes such as Export Promotion Capital Goods and Duty-Free Import authorization are to be extended by...

April 1, 2020

RoDTEP Scheme

The Cabinet Committee on Economic Affairs (CCEA) recently gave approval for the RoDTEP (Remission of Duties and Taxes on Exported Products) Scheme. Status of India’s Exports India faced...

March 15, 2020

MEIS scheme to be replaced with RoDTEP Scheme

On March 13, 2020, the Union Cabinet approved to withdraw the MEIS (Merchandise Export from India) Scheme in phases. It is later to be replaced with RoDTEP (Remission...

March 14, 2020

Union Government announces enhanced support under MEIS of Foreign Trade Policy

The Union Government has extended support to certain new products and the rate of incentives for certain other specified products under the Merchandise Exports from India Scheme (MEIS)....

September 23, 2016

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