The MEIS (merchandise export from India scheme), introduced in April 2015, will be wound up by December 31, 2020, and the government has already announced the Remission of Duty or Taxes on Export Products (RoDTEP) scheme to replace MEIS. FIEO President S K Saraf said exporters have started receiving a lot of enquiries and orders from across the globe helping many sectors to show improved performance, which is likely to get better in next few months.

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