Commerce and Industry Minister Nirmala Sitharaman on November 8 said that to boost exports, India needs to look for newer markets like Africa or Latin America for which ECGC, the government company which ensures sustained flow of exports, will have to support the exporters. “We have to look…
Tag: ECGC
Support SMEs to boost India’s exports: President Pranab Mukherjee
President Pranab Mukherjee on November 8 said the Centre needs to ensure that India’s exporters, particularly those in the Small and Medium Enterprises (SME) segment, are adequately supported through appropriate policy interventions to help them tide over the present downturn. India’s exports had…
MSME sector key to boosting exports: Nirmala Sitharaman
The government is looking towards small and medium enterprises (SMEs) for revival of exports, Commerce and Industry Minister Nirmala Sitharaman told in an interview. Asked whether she was worried about the dip in exports, Sitharaman said it was no longer a cause for worry. She said that the goal …
FIEO’s Budget Proposals envisages enabling & empowering MSMEs
Inverted duty structure in respect of various items including Electronic Goods, Toys and Chemicals may be given due consideration in the Union Budget as it not only effects exports but also the manufacturing sector and adversely hit Make in India. The actual refund mechanism for service tax is c…
ASSOCHAM wish-list to step-up Credit Flow to MSMEs
India’s apex industry body Associated Chambers of Commerce and Industry of India (ASSOCHAM) wish-list to banks to improve credit flow to MSMEs: Managers of specialized MSME bank branches should be given more powers and flexibility. The specialized MSME branch should focus only on MSMEs. RBI shoul…