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FIEO: Gradual opening of key global markets to push exports
The need of the hour is to soon notify the RoDTEP rates to remove uncertainty from the minds of the trade and industry thereby helping in further forging new contracts with the foreigner buyers.Read more
FIEO lauds export performance starting the new fiscal
Sharad Kumar Saraf, President of FIEO reiterated that the government must look into the key issues such as announcing new FTP after September 2021, release of the necessary funds for RoDTEP & MEIS and clarity on SEIS benefits, softening of freight charges, resolving risky exporters' issues and continuance of seamless refund of IGST.Read more
Indian exports went up by 58.23 per cent, the highest ever in a month
Key sectors such as engineering, gems and jewellery and pharmaceuticals recorded healthy growth rate during the month. Read more
FIEO welcomes govt. approval on PLI Scheme to attract FDI
Apart from boosting MSME sector, the Scheme will further help in enhancing the skill sets generating employment opportunities across the country during such challenging and tiring times.Read more
Despite decline in exports FIEO predicts move towards normalcy
14 out of the 30 major product groups were in positive territory during August 2020. Saraf added that the exports during the month for emergency and essential items apart from some labour-intensive sectors.Read more
Government caps MEIS benefits to Rs 2 crores
The government has announced discontinuation of MEIS as a new WTO-compliant scheme, the Remission of Duties or Taxes On Export Product (RoDTEP) which will replace starting 1 January, 2021. Read more
