Synopsis: India’s growth hope in the immediate future is dependent heavily on exports. What are the challenges that impact export promotion? Issues in remission of duties and taxes on exported products (RODTEP) scheme structuring: Under RODTEP, Steel, pharma, and chemicals get no rebate at all, although many products using these inputs do. This kind of… Continue reading Our export efforts hold the key to growth in the quarters ahead
Tag: exports promotion
What it’ll take to achieve goods exports of $400 billion?
Source: Livemint Relevance: Doubling India’s exports Synopsis: The blueprint for doubling India’s exports has already been crafted 10 years ago. It needs to be adapted to the modern times by incorporating suitable changes. A brief look at some factors that merit attention. Context India has set a target of merchandise exports of $450 billion in… Continue reading What it’ll take to achieve goods exports of $400 billion?
RoDTEP Scheme and Export competitiveness – Explained, pointwise
Introduction After delaying by 8 months, the government of India has notified the rates and norms for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. Accordingly, the Commerce Ministry released details of the RoDTEP scheme to help exporters to stay competitive and increase exports at a time when there is an increase… Continue reading RoDTEP Scheme and Export competitiveness – Explained, pointwise
Government Constitutes a Committee for doubling the production and quadrupling the exports of handlooms in a span of 3 years
Source: PIB What is the News? The Government of India has constituted a committee on the occasion of National Handloom Day for doubling the production and quadrupling the exports of handlooms in a span of 3 years. About the Committee for the Handloom Sector: Headed by: Sh. Sunil Sethi, Chairman, Fashion Design Council of India… Continue reading Government Constitutes a Committee for doubling the production and quadrupling the exports of handlooms in a span of 3 years
Prime Minister unveils strategy to boost exports
Source: Business Standard Introduction: The Prime Minister has spelt out a strategy to boost the export of goods from India while interacting with the Heads of Indian Missions abroad and stakeholders of trade and commerce virtually. India’s Exports Strategy: The PM pointed out four factors that are very important for accelerating outward shipments from India.… Continue reading Prime Minister unveils strategy to boost exports
