By Hansa Sinha
The long wait is over. The Foreign Trade Policy 2015-20 is finally here. Yesterday at Vigyan Bhawan the new policy was unveiled by Mrs. Nirmala Sitharaman. With a special emphasis on improving the ‘ease of doing business’ this foreign policy has introduced two new schemes, namely ” Merchandise Exports from India Scheme (MEIS) for export of specified goods to specified markets and “Services Exports from India Scheme (SEIS)” for increasing exports of notified services, in place of a plethora of schemes earlier, with different conditions for eligibility and usage.
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