Entrepreneurship Development and Communication Skills

7.3.10.Focus Market Scheme(FMS) 

Objective

Objective is to offset high freight cost and other externalities to select international markets with a view to enhance India’s export competitiveness in these countries. 

Entitlement 

Exporters of all products to notified countries (as in Appendix 37C of HBPv1) shall be entitled for Duty Credit Scrip equivalent to 3% of FOB value of exports (in free foreign exchange) for exports made from 27.08.2009 onwards.