New Delhi :
The Centre, state governments and industry representatives will meet on
January 8 to discuss ways to boost the country’s exports.
According to a Commerce Ministry official, the third meeting of the
’Council for Trade Development and Promotion’ will be chaired by the
Commerce and Industry Minister, Suresh Prabhu.
The council was constituted to promote India’s overseas shipments. In
its previous meeting in January last year, the council had discussed
issues like improving export competitiveness and creating an environment
conducive for promoting exports. They had also discussed about quality
and standards of products.
The council acts as a platform to develop partnership with states with
an aim to boost international trade. Members of the council are
trade/commerce ministers of states and Union Territories, besides 14
secretaries of the central government, including commerce, revenue,
shipping, civil aviation, agriculture, food processing and economic
affairs.
The council also provides a platform to state governments and UTs for
articulating their perspective on trade policy to help them develop and
pursue export strategies in line with national foreign trade policy.
Federation of Indian Export Organisations (FIEO) President Ganesh Kumar
Gupta said they would raise the issues of GST refund and enhancing
export-related infrastructure in states.
"Small and medium exporters are facing several issues related to Goods
and Services Tax (GST) that need to be resolved. We would also seek
greater support to improve infrastructure to increase the
competitiveness of our products in global markets," Gupta said.
Sharad Kumar Saraf, Chairman, Technocraft India, too stated that more support needs to be extended to boost outbound shipments.
On December 5 last year, the government had extended incentives to
sectors such as leather and agriculture with an aim to boost outward
shipments that were disrupted by the implementation of GST.
Reversing the decline seen in October last year, the country’s total
merchandise exports grew 30.55 per cent to $26.19 billion in November
2017. Cumulatively,exports during April-November 2017-18 increased 12.01
per cent to $196.48 billion.
02 Jan 2018, 10:25 AM