Key FTP changes that didn't find mention in the highlights

Generally speaking, the new FTP continues with the same old provisions under the major export promotion schemes

While unveiling the new Foreign Trade Policy 2023 (FTP), the Director General of Foreign Trade (DGFT) made a presentation on the highlights of the latest policy. Later, the highlights were put up on the DGFT website. However, the fine prints in the FTP reveal several changes that did not find a mention in the highlights. I deal with some of them here.
 
Under the self-ratification system that is now extended to exporters holding recognition of two-star export house and above, additional items that are not mentioned in the standard input-out norms (SION) will be available but additional quantities of