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Post-GST haze may delay foreign trade policy

Mid-term review may miss Sept target too, as tax regime throws exporters off balance

Post-GST haze may delay foreign trade policy
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Overall, on a cumulative basis, the CAD narrowed to 0.7 per cent of GDP in 2016-17 from 1.1 per cent in 2015-16

Subhayan Chakraborty New Delhi
The mid-term review of the Foreign Trade Policy (FTP) is struggling to meet its September deadline, despite being pushed back from its initial release date of July 1, sources say.
 
Senior government officials claimed work was on the fast track. But they were not sure if the revised policy can be released by September. Assessing the effects of the goods and services tax (GST) regime on the export system and the export promotion schemes were throwing up new challenges every week, they explained. As of now, the government is busy trying to deal with the issue of exporters losing

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