Showing serious and legitimate concern over the trade date for the month of the March, 2016 which has shown a modest decline of -5.47 percent in exports and a large decline in imports of -21.56 percent, S C Ralhan, President, Federation of Indian Export Organisations (FIEO) said that continuous s…
Tag: EXPORT DEVELOPMENT FUND
FIEO asks fiscal benefits for MSME exporters in Budget 2016
Apex exporters body FIEO today suggested the government to extend fiscal benefits to Micro, Small and Medium Enterprises (MSMEs) to boost exports from the sector. MSME sector contributes about 45 per cent to the country’s total exports. “MSME exporters may be provided additional expor…
Commerce Ministry keen on creating fund to boost falling exports
The commerce department wants to create a fund aimed at boosting India’s shrinking exports, proposing a financing mechanism that would discourage exports of raw material and help local value addition. (MSMEs account for nearly 45 per cent of India’s exports). The Ministry of Commerce & …