Question

Q.1 .
what do you mean by export promotion ? explain the need of export promotion in india.
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Answer 1

Answer:

Explanation:

Export Promotion Policies in India. ... Export promotion capital goods schemes (EPCGS) has been started to permit the exporters to import capital goods on concessional import duties. Under the EPCGS scheme, such importers of capital goods have to export goods of 4 times values of import within next five years.

Hope it helps...

Answer 2

Heya...

Export promotion meaning :-

At earlier, there were no allowance to export the goods from our India to any other country but after the LPG policies in 1991 we are exporting as well as importing differ type of goods and services...

Export promotion policies means that measures taken by the government to promote the export of our country...

It can be the reduction in the tarrifs and to boost up the modern production methods to produce more and more output...

Need of export promotion policies :-

These are important to enhance the international trade of the country...

It increases the foreign exchanges of India...

Thank you