Times of India · DistrictNews · 2026-08-20
India eases rupee trade rules, provides exporters alternative; what it means
Economic think tank Global Trade Research Initiative (GTRI) said the change means eligible rupee payments for exports to countries other than Nepal and Bhutan will now qualify for FTP benefits and can also be counted towards meeting export obligations. In a bid to push for greater adoption of rupee for trade settlement purposes, the government on Thursday revised parts of the Foreign Trade Policy to give exporters greater flexibility to
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