The Government of India extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for six months from April 1, 2026 to September 30, 2026 amid ongoing global trade disruptions caused by the West Asia conflict and rising protectionism globally. The budget allocation for 2026-27 was revised to ₹10,000 crore, down from the initially proposed ₹21,709 crore, as the government calibrated expenditure based on export demand. RoDTEP is a WTO-compliant export incentive scheme launched in January 2021 to replace the Merchandise Exports from India Scheme (MEIS), which was found inconsistent with WTO norms. Under RoDTEP, exporters receive digital credits (e-scrip) generated on the ICEGATE portal, which are transferable and can be used for paying Basic Customs Duty or transferred to other importers. The validity of these e-scrips has been extended to two years. RoDTEP covers taxes and duties that are not refunded through any other mechanism — such as central and state taxes, duties, and levies paid on goods and their inputs. The scheme is crucial for maintaining India's export competitiveness, especially in labour-intensive sectors like garments, engineering goods, chemicals, and handicrafts. The extension signals government intent to continue supporting exports despite fiscal pressures, while the reduced budget reflects a rationalized approach to public spending. For RAS aspirants, this is relevant to topics on India's foreign trade policy, WTO obligations, and fiscal management.