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Tumbling exports make govt scale back target

NEW DELHI, NOVEMBER 17: In what could be the first official revision of the country’s export target for the current financial year, a senior commerce ministry official told The Indian Express that it would be realistic to expect India’s exports to grow by a little more than 18 per cent to touch $192 billion, short of   ....Read more

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exports...By: Mathihalli G R | Tuesday , 18 Nov '08 5:32:45 AM Reply | Forward Reduction of papers work, visits to Govt dpertments, contacts, consulttants etc would be further encourage exports in India. An exporter normally, spend a day tovisit a Customs, or Regional DGFT toget his paper work on authorisations. It is all Nutrilisation of Duty, what the exporter get as n incentives for exprots. Why now Customs give this, by verifying their own shipping bills. Banks can also be given some work on these, because all incentives depend on realisation of proceeds, which is confirmed by Banks. Let govt thnk on these terms. it would help a lot. Cost of Exports, would come down.
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