The Indian rupee opened lower by 8 paise at 71.36 per dollar on Monday versus Friday's close 71.28.
Here are a few ideas about how the new FTP could overcome the shortcomings of the old one.
The GST Council has proposed that the electronic invoicing (e-invoice) system may be implemented on a voluntary basis from January 2020. Until now, there have been no standards set for e-invoicing in India.
A World Trade Organisation (WTO) panel recently ruled against India in a trade dispute over its subsidies to exporters under various schemes.
The lack of data has made difficult the commerce and industry ministry’s plans to expand the Services Exports from India Scheme (SEIS) and provide a crucial leg-up to new sectors.
Nagpur: Nitin Gadkari, Union minister for micro, small and medium enterprises (MSMEs), has promised to increase the share of the sector in industrial growth to 49% from the present 29%. Addressing the silver jubilee function of Mahila Griha Udyog’s Lijjat Papad Limited, the minister said the Central government and his ministry were taking several steps to achieve the target.