₹8,450 crore package to boost exports post GST

The government on Tuesday announced incentives worth ₹8,450 crore to boost exports of goods and services — mainly from labour-intensive segments and the Micro, Small and Medium Enterprises — and to increase employment generation and value-addition. The incentives were announced as part of the mid-term review of the Foreign Trade Policy (FTP). The move comes at a time when India’s shipments shrank…