Vishesh Krishi and Gram Udyog Yojana (VKGUY)

  • Under this scheme, Duty Credit Scrip benefits are granted with an aim to compensate high transport costs and to offset other disadvantages to promote exports of agricultural produce, minor forest produce etc.
    • The duty credit scrip is a pass that allows the holder to import commodities by not paying a specified amount in import duties and the scrip can also be traded in the market.
    • Exporters are given this duty exemption scrips pegged at a certain percentage of the total value of their exports.

Focus Market Scheme

  • It aims to increase the competitiveness of exports to global markets by reducing freight cost and other duties.
    • The exporters will get duty credit scrip as an economic incentive.
    • It is available only for the export of goods and not for services and only for specified markets.

Focus Product Scheme

  • Focus Product Scheme incentivizes export of such products which have high export intensity / employment potential, in order to offset infrastructure inefficiencies and other associated costs involved in marketing of these products.

Served from India Scheme

  • Served from India Scheme helps to accelerate growth in export of services.
    • All Indian Service Providers who have free foreign exchange earning of at least Rs. 10 Lakhs and individual Indian Service providers with minimum foreign exchange earnings of Rs. 5 lakh in preceding financial year / current financial year shall qualify for Duty Credit Scrip.
    • The Duty Credit Scrip will be equivalent to 10% of foreign exchange earned during current financial year.

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