At sea on US tariffs, incentives in works to check decline in exports

India is considering offering new incentives to exporters to counter the decline in outbound shipments and potential impact of reciprocal tariffs by the US. The proposed ₹2,250 crore Export Promotion Mission aims to boost exports, despite a recent decline in India’s goods exports. The government hopes to achieve $800 billion in goods and services exports this fiscal year.

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