Economy for Mains

GS3

Labour Intensive Exports

Measures taken by the Government of India to boost exports: Incentivized specific sectors such as ready-made garments and footwear. Duty-free

GS3

Textile Sector : Steps taken

Increased incentive under MEIS: Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry has doubled rates for incentives

GS3

Electronics Industry

Context: Government is targeting Net zero imports in electronics by 2020 A growing middle class, rising disposable incomes, declining prices

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