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A services-led export strategy holds appeal but only up to a certain point

Indian policy can’t afford to focus on service exports at the cost of our current employment-oriented manufacturing thrust. Recent arguments for focusing on high-value services seem far-fetched in their expectation that such exports would act as a growth engine.

Commerce ministry recommends Rs 3,489 crore for PLI scheme for toys; Rs 2,600 crore for footwear, ET Retail

PLI Scheme: As these two schemes are yet to be cleared by the Union Cabinet, the interim Budget has made a token provision of Rs 1 lakh towards these schemes for 2024-25.

Commerce ministry recommends Rs 3,489 crore for PLI scheme for toys; Rs 2,600 crore for footwear

As these two schemes are yet to be cleared by the Union Cabinet, the interim Budget has made a token provision of Rs 1 lakh towards these schemes for 2024-25.

CLE seeks reinstatement of import duty exemption on wet blue, crust and finished leathers in the Budget

CLE seeks reinstatement of import duty exemption on wet blue, crust and finished leathers in the Budget
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