The foreign trade policy which expired in March 2020 was extended due to the recent COVID 19 pandemic till March 2021. Now the new policy is expected to come up with high hopes that it may open up an avenue for MSMEs with a historic trade opportunity. Indeed it is going to be a real challenge for MSMEs with a possible thrust required in many areas like Handicraft, Infrastructure, Knowledge Centre expansion and one should keep his/her fingers crossed as to how we are going to achieve success in these areas…. Here is an article which articulates the various challenges and the areas where boost is required for this specialized Sector of economy.
**Courtesy: Economic Times dt 28th Mar 2021.