The Full Form of MEIS is‍ Merchandise Export from India Scheme.

Merchandise Exports from India Scheme was launched with an objective to enhance the export of notified goods manufactured in a country. This scheme came into effect on 1 April 2015 through the Foreign Trade Policy and will be in existence till 2020.

The Merchandise Exports from India Scheme (MEIS) was launched by the Government of India to boost the export of notified goods that are produced or manufactured in the country. The scheme has been introduced through the Foreign Trade Policy (FTP) and came into effect on 1 April 2015. The MEIS will be applicable till the year 2020 and will replace the below 5 incentive schemes that were earlier available under the Foreign Trade Policy 2014-2019:

• Market Linked Focus Product Scheme (MLFPS)
• Focus Product Scheme (FPS)
• Agriculture Infrastructure Incentive Scrip (AIIS)
• Focus Market Scheme (FMS)
• Vishesh Krishi Gramin Upaj Yojana (VKGUY)

The Ministry of Commerce and Industry is responsible for the implementation of the MEIS which is considered a major export promotion initiative by the Indian government. Under this scheme, over Rs.22,000 crore per year has been allocated by the Government of India for exports.