The government on Monday restored full benefits under the RoDTEP scheme to exporters amidst the ongoing West Asia crisis disrupting global trade. Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme. The impact of the West Asia crisis will be reflected in the data for March, as the war began on February 28. Recent developments in West Asia have posed challenges for maritime logistics, including shifts in routing and transit patterns. The government last week launched a Rs 487 crore RELIEF (Resilience & Logistics Intervention for Export Facilitation) scheme to provide relief to exporters.

Source: The Telegraph March 23, 2026 15:45 UTC