Describe the recent export promotion measures of the government of India.

In recent years, the Government of India has implemented a series of export promotion measures aimed at enhancing the country's global trade footprint. These initiatives are designed to bolster various sectors, particularly Micro, Small, and Medium Enterprises (MSMEs), and to streamline export processes.

Export Promotion Mission

In the Union Budget 2025-26, the government announced the establishment of an Export Promotion Mission with an allocation of ₹2,250 crore. This mission is a collaborative effort involving the Ministries of Commerce, MSME, and Finance. Its primary objectives include setting sector-specific export targets, facilitating easier access to export credit, providing cross-border factoring support, and assisting MSMEs in overcoming non-tariff barriers in international markets. citeturn0search1

BharatTradeNet (BTN)

To modernize and simplify trade processes, the government proposed the development of BharatTradeNet, a unified digital platform for international trade. This platform aims to streamline trade documentation and financing solutions, aligning with international best practices. By integrating various trade-related services, BTN is expected to enhance efficiency and reduce transaction costs for exporters. citeturn0search3

Customs Duty Rationalization

The government has undertaken measures to rationalize the customs duty framework, addressing inverted duty structures across different sectors. In the 2025-26 budget, seven tariff rates were removed, simplifying the tariff structure to eight ______ ______ _____ ___ _______ ______ ________.
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