Export obligation reduced for 192 products under EPCG scheme

The central government has reduced export obligation under the Export Promotion Capital Goods (EPCG) scheme for 192 products whose exports declined by more than five per cent on-year in 2021-22. These products include certain types of silver, precious metals and concentrates, revolvers and pistols, wrist watches, citrus fruits, spices such as ginger and turmeric, woven cotton fabrics, cheese & curd, paint varnishes, garments and tomatoes.

References
1. https://economictimes.indiatimes.com/news/economy/foreign-trade/relief-to-exporters-centre-lowers-export-obligation-for-192-products-under-key-scheme/articleshow/95589156.cms