Talk about how the First World War affected British foreign policy toward India and its territories.
India's Foreign Trade Policy (FTP) aims to enhance exports and manage trade deficits through several strategic measures. Recent steps include: Export Promotion Schemes: Merchandise Exports from India Scheme (MEIS): Provides duty credit scrips to exporters, offsetting infrastructural inefficiencies aRead more
India’s Foreign Trade Policy (FTP) aims to enhance exports and manage trade deficits through several strategic measures. Recent steps include:
- Export Promotion Schemes:
- Merchandise Exports from India Scheme (MEIS): Provides duty credit scrips to exporters, offsetting infrastructural inefficiencies and costs.
- Service Exports from India Scheme (SEIS): Rewards service providers, boosting India’s global service sector competitiveness.
- Product and Market Diversification:
- Focus on identifying new markets and diversifying export products to reduce reliance on traditional markets.
- Initiatives to boost high-potential sectors like pharmaceuticals, engineering goods, textiles, and agriculture.
- Trade Infrastructure:
- Trade Infrastructure for Export Scheme (TIES): Develops export infrastructure.
- National Logistics Policy enhances logistics and reduces transaction costs.
- Ease of Doing Business:
- Simplification of export and import procedures through digital initiatives like the e-Sanchit and e-BRC (Bank Realisation Certificate) systems.
- Implementation of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme to replace MEIS, ensuring compliance with WTO rules.
These steps reflect India’s forward vision to improve exports, boost economic growth, and better manage trade deficits.
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World War I (1914-1918) was a global conflict involving major powers sparked by the assassination of Archduke Franz Ferdinand resulting in massive loss of life, widespread destruction and lasting impact.World War I had a significant impact on British foreign policy in India and its colonies leadingRead more
World War I (1914-1918) was a global conflict involving major powers sparked by the assassination of Archduke Franz Ferdinand resulting in massive loss of life, widespread destruction and lasting impact.World War I had a significant impact on British foreign policy in India and its colonies leading to a shift towards greater autonomy and eventual decolonization. Here are some key aspects of this impact.
Impact on British Foreign Policy in India –
Impact on British Colonies –
Long term Consequences –
In summary, World War I had a profound impact on British foreign policy in India and its colonies leading to increased demands for autonomy, the rise of nationalism and the eventual decline of British colonial rule.
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