India’s diamond industry fears that the Goods and Services Tax on each level of the supply chain will starve firms of cash for daily operations, crippling businesses in the $20 billion export-driven sector. “We work on thin margins and the working capital requirement is high given the cost of dia…
Tag: Bharat Diamond Bourse
Steps to boost MSMEs, exports amid global cues | Nirmala Sitharaman
The government is taking necessary measures to support small and medium industries keeping in view a sluggish global situation that has led to fall in country’s exports, Commerce and Industry Minister Nirmala Sitharaman said. “It cannot be denied that the global situation has been dep…