Foreign trade policy 2021-26 to focus on MSMEs, new export potential

Online data will be available to govt, industry; will help domestic producers analyse market potential for goods

The central government is devising a mechanism to step up screening imports to protect domestic manufacturers.

The details of the online monitoring system may find mention in the foreign trade policy 2021-26, which will kick in next month.

The online system will make the data available to the government as well as industry about the countries from where the goods are being imported, and their quantity and quality.

The data can help domestic producers analyse the market potential for such goods, said a senior government official.

In the past 16 months, the government had implemented a steel- and coal-import monitoring