The Merchandise Exports from India Scheme (MEIS Scheme) is an export incentive scheme introduced under the Foreign Trade Policy 2015-20, effective from April 1, 2015, until December 2020. MEIS aims to boost exports by offering incentives ranging from 2% to 7% of the FOB value of exports for specified products. This scheme helps make Indian goods competitive in global markets by offsetting export-related costs and infrastructural inefficiencies.

MEIS focuses on products with high export potential, job creation capacity, and the ability to enhance the competitiveness of Indian goods globally.