Pilot launch of revamped eRBC system for exporters from November 15 business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
The Indian government s decision to extend export benefits under the RoDTEP scheme until June 2024 will have a positive impact on domestic manufacturing, exports, and job creation, according to Sanjay Budhia, Chairman of the CII national committee on EXIM. The scheme provides refunds for taxes, duties, and levies incurred by exporters in the manufacturing and distribution process. Budhia believes this move will boost exports, generate employment, and help establish India as a global manufacturing hub.
"Negotiating and implementing trade agreements and bilateral deals with G20 member countries may be helpful to tap potential between India and G20 countries. Such agreements can reduce trade barriers, tariffs, and regulatory hurdles, making it easier for Indian businesses to access foreign markets," Budhia said.
Trade pacts with G20 member countries can help India boost exports: CII business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.