The changes made in this review majorly focus on reducing blockage of working capital and simplifying procedures for exporters, and self-certification. For MSMEs/labour intensive industries across-the-board, 2 percent incentive rate has been raised in existing MEIS for exports under revised policy with an intention to supports manufacturing and promote export in the respective sectors.
RE: New FTP policy extends Rs 369 crore MEIS benefit to ESDM sector