14
Thursday
December 2017
12:18 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
Working with FinMin, Niti Aayog to resolve exporters' issues
 
New Delhi, Sep 20 (PTI) Commerce and Industry Minister Suresh Prabhu today said he is closely working with the finance ministry and Niti Aayog for resolving exporters' issues to boost shipments and generate jobs.

Prabhu said that ensuring growth of exports is the priority of the ministry.

"We are working closely with exporters to address their concerns. We are working in close collaboration with the Finance Ministry to address issues of exporters.

"Addressing blockage of working capital, speeding up refunds of taxes paid by exporters and making incentives for exporters more attractive," he said in a series of tweets.

The minister added that they are working closely with Niti Aayog to devise strategic roadmap for generating employment through exports.

The country's exports recorded a double digit growth of 10.29 per cent after a gap of three months to USD 23.81 billion in August, mainly on account of rise in shipments of chemicals, petroleum and engineering products.

The commerce ministry is also holding consultations with exporters to review the foreign trade policy.

These statements assumes significance as exporters have asked the government to fast-track the refund process of the Goods and Services Tax (GST) to avoid further deterioration in their "liquidity situation".

Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai has said that if refund does not start flowing immediately then about Rs 60,000-65,000 crore would be stuck by the end of October.


Stocks start with caution, macro data ahead
Govt in talks with Singapore for cruise connectivity: Gadkari
Sensex zooms 195 pts on strong global cues
Bitcoin drops after dramatic gains ahead of futures launch
Market takes a poll position, Sensex surges 301 pts
'Exports from Rajasthan to increase three-fold by 2022'
Ensure job creation with focus on rural unemployed: Mukherjee
China Development Bank Files Insolvency Plea Against Reliance Telecom
Sensex down 100 pts as RBI policy decision looms
Sensex ends lower ahead of RBI policy call
Sensex recovers 140 pts on positive GDP data
US dollar ends higher against rupee
Fiscal deficit crosses 96% of FY18 target at Oct-end
Gold slumps Rs 120 on lacklustre demand, global cues
Achieving 10pc growth rate is challenging: Jaitley
Sensex gains 68 pts in early trade on global cues
Bitcoin hits new record high of $9,687, up almost 20% since Friday
Reliance resumes JioPhone sale, starts round 2 of phone war
Sensex drops 107 pts as S&P keeps sovereign rating unchanged
No proposal to withdraw cheque book facility: FinMin
KERALA NEWS
Jisha murder case: Punishment on Thursday
 (Kochi, Dec 13, 2017, DG): The Ernakulam Principal Sessions Court will pronounce the quantum  
Cyclone Ockhi: Death toll reaches 58
Veerendra kumar to resign as Rajyasabha MP
HC to summon Jacob Thomas
INTERNATIONAL NEWS
Man, 24, arrested for trying to climb Buckingham Palace wall
 (London, Nov 19, 2017):London police say they have arrested a 24-year-old-man who allegedly t
NY attack: Trump says urgent need to fix 'lax' immigration
Putin, on visit, orders Russian forces to start pulling out of Syria
Netanyahu says he expects Europe to follow US on Jerusalem
NATIONAL NEWS
Govt keeps window open on PAN, Aadhaar for financial dealings
 (New Delhi, Dec 13, 2017):The government has amended rules requiring mandatory quoting of nat
Flash floods in Tawi river, 7 labourers rescued
Elderly couple hacked to death in UP
Chennai cop killed in shoot-out in Rajasthan
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.