Export and Global Markets — Key Changes

Entry	Year	Description	Impact
Foreign Trade Policy 2023	2023	Replaced the earlier FTP 2015-20, introducing the RoDTEP scheme for handicrafts, simplifying export procedures, and providing enhanced support for traditional industries. The policy specifically recognizes handicrafts as a priority sector for export promotion.	Streamlined export processes, reduced compliance burden, and provided better financial incentives for handicraft exporters, contributing to the 12.3% growth in exports in 2023-24
GI Act Amendment 2021	2021	Enhanced provisions for protecting traditional handicrafts under geographical indications, simplified registration procedures, and strengthened enforcement mechanisms against unauthorized use of GI-protected handicraft names and designs.	Improved protection for traditional handicrafts in international markets, enhanced brand value, and provided legal recourse against counterfeiting, benefiting over 400 registered handicraft products