Trillion-dollar economy target: UP govt framing new export policy

State partners with Federation of Indian Export Organisations for draft paper, may place it before cabinet for approval next month

Aiming to achieve the trillion-dollar economy mark by 2024, Uttar Pradesh is framing a new export policy to give impetus to its industrial sector, including start-ups.

The state has engaged the Federation of Indian Export Organisations (FIEO) to prepare the draft policy.

“We are hammering out a new export policy for the state, and it is likely to be presented before the state cabinet for approval next month,” UP MSME and Khadi principal secretary Navneet Sehgal told Business Standard in Lucknow this evening.

He said since the micro, small and medium enterprises (MSME) sector accounted for almost 80 per cent