Govt Announces New Export Incentives
  • Prabha Hegde
  • Jul 31 2013

July 31: Referring to the government’s concerns regarding weak exports and the continuing trade imbalance, Commerce Minister Anand Sharma announced incentives and SOPs to support domestic manufacturing and boost exports. The measures, effective August 1, include a 3% interest subvention for exporters and clearing of exporters’ unpaid claims.