Tag: Export Promotion Mission

Export Mission: Interest Subvention may be Capped at ₹50L per MSME
Posted in Economy

Export Mission: Interest subvention may be capped at ₹50 lakh per MSME

New Delhi: The government is considering capping the benefits of interest subvention at about ₹50 lakh per exporter under the Export Promotion Mission approved by…

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Chaired by Piyush Goyal, Board of Trade to meet on Tuesday to discuss ways to boost exports

The Board of Trade (BoT) is scheduled to meet on Tuesday, chaired by Commerce and Industry Minister Piyush Goyal, to discuss strategies to boost India’s…

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Goods Exports Down 11.8% in October, Trade Deficit Widens on Gold Imports
Posted in Economy

Goods exports down 11.8% in October, trade deficit widens on gold imports

New Delhi: India’s merchandise exports fell 11.8% year-on-year in October, while imports rose 16.6% on the back of higher gold and silver shipments, official data…

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Govt to roll out guidelines to implement export promotion mission from this month: Comm Secy

New Delhi: The commerce ministry has already started the work to frame detailed guidelines for the Rs 25,060 crore Export Promotion Mission (EPM) and it…

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Posted in Economy

RBI allows 15-month time for exporters to bring in proceeds of overseas shipments

The Reserve Bank has permitted exporters to bring proceeds of their shipments in 15 months as against the prevailing timeframe of 9 months in view…

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Posted in Economy

Govt’s Rs 45,000 cr schemes to boost export ecosystem, global competitiveness: Exporters

The two schemes with an outlay of Rs 45,000 crore approved by the government for exporters will help industry tackle long-standing challenges such as affordable…

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Export Promotion Mission welcomed but faces major operational hurdles: GTRI

The Global Trade Research Initiative (GTRI) has said that while the Union Cabinet’s approval of the Rs25,060-crore Export Promotion Mission (EPM) is a step forward,…

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Cabinet okays Rs 45,000 crore package to support exports, MSMEs amid global headwinds

The government on Wednesday approved a ₹45,000 crore package to support exports struggling under the steep 50% US tariffs and sluggish global trade. The package…

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Posted in Economy

Cabinet approves Rs 45,060 cr towards Export Promotion Mission and welfare of exporters

The Union Cabinet Committee on Wednesday approved a six-year-long Export Promotion Mission (EPM) with an outlay of Rs 25,060 cr and fund allocation of Rs…

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Posted in Economy

Cabinet may discuss finance and market aid next week to boost exports

New Delhi: The Cabinet is expected to discuss next week a proposal for an Export Promotion Mission (EPM), aimed at strengthening the country’s export ecosystem…

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