Page 2 - Fieo

Exporters may not get much help from RoDTEP

The government has restricted the allocation for MEIS benefits to Rs 5,000 crore for September-December period. In FY20, the Centre granted Rs 43,500 crore of MEIS benefits

Capping MEIS benefits at Rs 2 cr to seriously affect exporters: FIEO

The government on Tuesday capped export incentives under the scheme at Rs 2 crore per exporter on outbound shipments made during the period from September 1 to December 31, 2020

FIEO concerned over freezing of exporters' bank accounts, seeks govt's help

In a letter, FIEO President Sharad Kumar Saraf said freezing of bank accounts without any investigation is against the principles of natural justice and is causing irreparable damage to exporters

Resolve risky exporters' issue immediately, release refunds: FIEO

Exporters' body FIEO on Wednesday demanded fast resolution of issues related to 'risky exporters' and immediate release of their refunds to help them tide over the problems arising due to pandemic.

Boycotting Chinese goods infeasible, local industry depends on inputs: FIEO

India can cut its dependence on Chinese goods only when it becomes self-reliant and start producing same goods in India or source from other markets

Kicking the import habit: Can India grab a $200-bn business opportunity

PM Modi's call for a self-reliant India, free of its dependence on imports, means opportunity for the domestic industry. But there are many questions that need to be answered, writes Sai Manish

RBI breather for trade: Higher export credit, more time to pay import bills

Exporters laud timely steps but want direct fiscal support, full package

Major states still not allowing industries to reopen: FIEO to govt

Majority of industrial townships remain in red zones, restricting exports

Exporters want extension of promotion schemes amid coronavirus spread

Collateral free lending up to Rs 2 crore with the collateral requirement capped at 35-40 per cent for lending beyond Rs 2 crore, also feature in the list of demands

Coronavirus: Exporters want easier NPA norms, advance tax rules to survive

FIEO says large-scale order cancellations, supply chain disturbance, troubled delayed or even non-payment of bills could force several units to shut down

Exporters have started feeling pinch of coronavirus, says industry body

Federation of Indian Export Organsations (FIEO) said they are expecting that in the coming days significant number of such requests would come which could eventually lead to cancellation of orders

Apparel exporters facing liquidity crunch as funds are blocked: FIEO

The RSCTL scheme was not implemented in the entire 2019 and MEIS also stopped from August last year for apparel and made-ups sectors, FIEO President Sharad Kumar Saraf said in a statement

Fraction of exporters may have misused GST refund facility, says FIEO

FIEO President Sharad Kumar Saraf said that it is unfortunate that exporters have been singled out for GST frauds

Experts laud decision to avoid RCEP, say it will protect industry, farmers

The experts stated that the government's decision to not join this pact vindicates the concerns of domestic industry from sectors such as dairy and metal

FIEO asks govt for analysis of sectors with low or negative growth

These sectors include plastic, handicrafts, tobacco, textiles, pharmaceuticals, gems and jewellery

FIEO sets export target of $325 bn for this fiscal

There is a bit of anxiety in the business with regard to the Goods and Services Tax