The document discusses India's foreign trade policy. It notes that the policy is established by DGFT under the Ministry of Commerce to promote exports and imports. The policy aims to accelerate economic growth by facilitating access to imports of production materials and exports of goods and services. It focuses on traditional and emerging sectors. The policy is notified for 5 years and updated annually, with the current policy extended until September 2021 due to COVID-19. The document outlines some key schemes under the policy like Duty Free Import Authorization and Export Promotion Capital Goods to boost competitiveness.