Changes in Focus Market Schemes

Ø  Focus Market Scheme (FMS)

Products exported to specified countries are eligible for incentive under Focus Market Scheme. The benefit is now extended to seven new countries viz. Algeria, Aruba, Austria, Antilles, Cambodia, Myanmar, Netherland and Ukraine. 

Ø  Special Focus Market Scheme (SFMS)

Products exported to specified countries are eligible for incentives under SFMS. This benefit is now extended to seven new countries viz. Belize, Chile, El Salvador, Guatemala, Honduras, Morocco and Uruguay. 

Ø  Market Linked Focus Product Scheme (MLFPS)

MLFPS provides benefits on export of notified products to specified countries. This benefit has been extended to 46 new products exported to 12 new countries. Further, benefit under MLFPS provided to export of specified textile products to the United States of America and the European Union has been extended up to 31 March 2013. 

Ø  Focus Product Scheme (FPS)

Export of specified products is eligible for incentives under FPS. This benefit has been extended to 110  

new products.