{"id":633,"date":"2022-05-04T12:49:53","date_gmt":"2022-05-04T12:49:53","guid":{"rendered":"https:\/\/udyogmentor.com\/?p=633"},"modified":"2022-05-04T12:49:53","modified_gmt":"2022-05-04T12:49:53","slug":"foreign-trade-policy-goal","status":"publish","type":"post","link":"https:\/\/udyogmentor.com\/community\/foreign-trade-policy-goal\/","title":{"rendered":"Foreign Trade Policy Goal"},"content":{"rendered":"<p><strong>The Goal<\/strong><br \/>\n\u2022 India\u2019s Foreign Trade Policy aims to (1) increase the country\u2019s share of global trade from the current 2.1 percent to 3.5 percent and (2) double its exports to $900 billion by 2020.<br \/>\n\u2022 However, India faces myriad obstacles: lack of full understanding of trade policy and its potential benefits, a poorly developed manufacturing sector, unsatisfactory results from regional trade agreements, and constrained relationships, including with its main trading partners.<br \/>\n\u2022 India\u2019s trade policy framework must be supported by economic reforms that result in an open, competitive, and technologically innovative Indian economy.<\/p>\n<p>\u2022 The share of manufacturing in the gross domestic product needs to rise through efficient implementation of schemes such as the Make in India initiative.<br \/>\n\u2022 U.S. capital and innovation needs to work hand-in-hand with Indian resources and entrepreneurship.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Goal \u2022 India\u2019s Foreign Trade Policy aims to (1) increase the country\u2019s share of global trade from the current 2.1 percent to 3.5 percent and (2) double its exports to $900 billion by 2020. \u2022 However, India faces myriad obstacles: lack of full understanding of trade policy and its potential benefits, a poorly developed&hellip; <\/p>\n<div class=\"read-more\"><a class=\"more-link\" href=\"https:\/\/udyogmentor.com\/community\/foreign-trade-policy-goal\/\">Read More <span class=\"screen-reader-text\">Foreign Trade Policy Goal<\/span><\/a><\/div>\n","protected":false},"author":1,"featured_media":634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86,88],"tags":[],"class_list":["post-633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dgft","category-ftp","entry"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/posts\/633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/comments?post=633"}],"version-history":[{"count":0,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/posts\/633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/media\/634"}],"wp:attachment":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/media?parent=633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/categories?post=633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/tags?post=633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}