The government has introduced new export policy for the next three years (2015-18) prioritizing 12 sectors as the ‘most potential’ while 14 other sectors as ‘special development’.
The 12 highest priority sectors in the new export policy are high value added RMG accessories, software and IT-enabled services and ICT products, pharmaceutical products, shipbuilding, shoe and leather products, jute and jute-based products, plastic products, agro products and agro-processed products, furniture, home textile and terry towel, home furnishing and luggage.
The 14 special development sectors are multifarious jute-based products, electronic and electric products, ceramic products, light engineering, value added frozen fish, printing and packaging, crude diamond and jewelry, paper and paper products, rubber, silk products, handicraft and cottage products, lungi and tent industry products and coconut coir.
The 17 export prohibited products that have been identified in the new export policy are edible oil, wheat, onion, garlic, all sorts of pulses except processed one, general rice except the fragrant rice, jute seed, arms and ammunition-related products etc.
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