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News ECONOMY

  • Mar 08, 2013
  • More sops for exports to targeted markets

    Exporters may get additional incentives for selling products in targeted markets and have better access to dollar credit as part of the foreign trade policy to be announced next month.“We will be looking at those markets where targeted exports can take place. The industry has rightly raised the issue of cost of credit, availability of credit and need for dollar credit window for manufacturing exports,” Commerce and Industry Minister Anand Sharma told reporters on Friday after his consultations with industry chamber FICCI.Sharma is gathering inputs from various industry organisations and export promotion councils on the measures that could help exporters deal with the continued slowdown in world demand.

    Source - http://www.thehindubusinessline.com