How MEIS Boosted India’s Exports During 2015-2020

The Merchandise Exports From India Scheme (MEIS) was introduced in the context of the Foreign Trade Policy (FTP) 2015-2020 to boost exports by offering duty credit scrips to exporters. Administered by the Ministry of Commerce and Industry and notified by the Directorate General of Foreign Trade (DGFT) , MEIS replaced various prior export incentive schemes.