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Article: India : Rs 325-cr (USD 63 million) package unveiled for leather, textile export sectors.
- Article from:
- TendersInfo
- Article date:
- February 28, 2009
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Byline: pinto03
A special package of Rs 325 crore(USD 63 million) for the employment-intensive leather and textiles export sector, fast settlement of duty credit scrips for duty paid in export production and extension of such scrips for import of even restricted items after payment of duty are the key features of the trade facilitation measures the UPA Government unveiled on Thursday.
The procedural simplifications would help prune high transaction costs to trade and industry. Announcing the final stimulus to the slowdown-hit export sector, the Union Commerce and Industry Minister, Mr Kamal Nath, said the special package for the twin sectors would be ...