This agreement, to which India is a party, in effect does not permit member countries to grant any export subsidies except in certain situations. In 2019, the United States challenged in the World Trade Organisation (WTO) the exemptions or reductions in customs duties and the grant of freely transferable scrips as being violative of the provisions of the Agreement on Subsidies and Countervailing Measures (ASCM). There was an endless debate about whether this was the right way to promote exports. Basically, these permitted duty-free imports of goods if they were used in the manufacture of goods that were exported. There were also a plethora of exemption schemes. These could be used for the payment of customs duty. The reward was in the form of transferable scrips. The emphasis in previous FTPs was on rewarding exporters based on their export performance. The FTP 2023 is predicated on four pillars: incentives for remission, export promotion through collaboration, ease of doing business, and emerging areas. Unlike the previous FTPs, which had a 5-year time frame with periodic revisions, the present FTP is open-ended, with the assertion that subsequent revisions ‘shall be done as and when required and shall not be linked to any date.’ What this will mean will have to be seen. The compass values are only as good as your hardware.The Foreign Trade Policy (FTP) 2023, effective April 1, 2023, has been announced. The app is under construction, so please feel free to send your suggestions to the developer e-mail address. 100 extra Locate Credits can be purchased in the app. After that, one free camera locate per 24 hour. ❄ Locate the first five target positions for free.
❄ Calculate horizontal, ground and sight line distance to the target.
❄ Calculate vertical distance to the target, cumulative gain and loss. ❄ Drag the cursor on the altitude profile chart to change the position of the target marker on the map and in the camera view. ❄ Camera view as semitransparent map layer. ❄ Rotate and tilt the map according to the device compass and elevation. Textbox to adjust the distance between the map markers. ❄ Map with draggable markers for the target location and the mobile device. If the waypoint location is on the ocean the sea depth is set as the altitude value. ❄ Set the Waypoint Altitude value (height from sea level)) with a single tap. ❄ Adjust the Compass Heading (true north) and Elevation (device tilt) values with Offset Sliders in the Camera View. ❄ Augmented Reality display with tappable Waypoints. Fine tune the target location on the map and altitude chart. Add Waypoints and measure distances with the camera.
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