UP new export policy : The Uttar Pradesh government is preparing to bring a 5-year export policy. The aim of this policy is to increase the state's share in the country's total exports to 7.5 percent. Along with this, it will help the state to create an economy of US $ 1,000 billion. The new export policy will be for 2025-30, which will replace the current 5-year policy. The state government is also helping the exporters in every possible way along with giving them many incentives to increase exports from the state.

Uttar Pradesh's Minister for Industrial Development, Export Promotion, NRI and Investment Promotion Nand Gopal Gupta 'Nandi' said the state government is working on the 2025-30 export policy, which will focus on enhancing export capabilities to boost overall development. In an email interview to Bhasha, he said the new export policy is being prepared with the target of increasing the state's share from 4.71 per cent in 2023-24 to 7.5 per cent. The policy also aims to accelerate economic growth and job creation.

Gupta said that by focusing on increasing export capabilities, Uttar Pradesh will move towards becoming a $1,000 billion economy, which will increase revenue and boost development. He said that since the state government has adopted export as well as investment friendly policies, it has also continuously developed smooth logistics facilities in the state. This will boost exports from the state and will provide significant assistance in making the state a $1,000 billion economy. Uttar Pradesh's share in the country's total exports is estimated to be 4.89 percent in the April-September period of the current financial year 2024-25.

The minister said that the state is already providing incentives to exporters under Marketing Development Assistance, Gateway Port Scheme and Air Freight Rationalization schemes. He said that Jewar Airport will help exporters to increase connectivity with foreign destinations. The airport will reduce time and freight costs. Gupta also said that 'One District One Product Scheme' has played an important role in providing employment and enhancing the skills of traditional artisans engaged in various traditional arts of different districts.

The state government is providing 'toolkits' along with training the artisans to upgrade their skills so that they can set up their own enterprises. Gupta said that since the launch of the scheme, the government has trained 1,33,472 artisans across the state. The scheme was launched in January 2018 with the aim of promoting traditional arts and crafts prevalent in different districts by identifying district-specific products for all 75 districts of Uttar Pradesh. India's goods and services exports may cross US $ 800 billion in the current financial year 2024-25. It was US $ 778 billion in the financial year 2023-24.