Page 16 - Indian Exports

Economic Survey 2020: Jobs as an outcome of an exports strategy

The Survey does not address the problem of jobs comprehensively. Volume I does not use any data on jobs at all

Economic Survey should deal not just with 'Whats' & 'Whys' but also 'Hows'

Survey lessons like exports' importance for growth and jobs, how govt intervention in markets can be harmful, and wealth creation via privatisation should have been imbibed long ago, writes T N Ninan

Manufacturing goods tackle minefield of restrictions to reach China

The last of a three-part series on rising non-tariff barriers to Indian exports explores how manufacturing shipments are trying but failing to enter China

Budget wishlist: Exporters seek clarity on slow tax refunds, key schemes

Exporters also hope the Budget will clear the confusion around the old MEIS, which has been discontinued by the government as well as the uncertainty over the awaited RoDTEP scheme

Exporters approach court over cess on export incentives, get interim relief

The high court granted interim relief to petitioners against any "coercive" measures by the authorities

Govt to retain exports scheme till March after WTO asked for its scrapping

The government had decided to discontinue MEIS--its largest export promotion scheme--after the WTO said it distorted trade.

India can explore $82 bn export potential in 20 products in China: Report

Currently, India meets only 3.3 per cent or USD 2.7 billion of the total annual import demands of USD 82 billion for these 20 products in China

Tiruppur, once the thriving export hub of Tamil Nadu, is fraying at edges

GST glitches are crimping working capital supply and adding to the difficulties of competing against nimble, low-cost competitors in other countries

Steep rise in China demand helps arrest decline in marine exports

Value of shipments to that country rose 257 per cent to reach $811 million in FY19, and to $1,025 million in the first eight months of the current financial year

Agricultural goods can fetch India additional $97 bn in exports: FAO

Select agri and agri-based commodities like meat, milk and fruits, among others, present export opportunity worth over USD 97 billion (about Rs 6.9 lakh crore) for India, as per data from the Food & Agriculture Organisation. India's export share in agri items such as bananas, oranges, chicken, meat, and milk products like cheese and butter milk is miniscule at present, the data showed. The country's share in the global market for 19 commodities was a miniscule 1.5 per cent, or around USD 1.5 billion (about Rs 10,650 crore), in 2017 against a potential of USD 97 billion, the World Trade Centre said in a statement on Thursday quoting the FAO data released recently. While global market for meat and chicken is a whopping USD 20.6 billion, the country's export share is only 4.04 per cent of this. Similarly, global market for bananas is close to USD 15 billion wherein India's share is a paltry USD 480 million, the statement said. Butter and cow milk provide a USD 8 billion opportunity,

Flag countries placing non-tariff barriers on exports: Goyal to industry

He further said the stakeholders need to tell the government, which country is using any trade remedial measures or non-tariff barriers which impact their exports to that country

Piyush Goyal meets export bodies to seek inputs for foreign trade policy

Pre-Budget inputs from EPCs were also taken so that they may be sent to the finance ministry

Facing regulations, marine exports expected to remain sluggish: Report

The report revealed that going forward these conditions are likely to persist and overall marine exports are likely to remain subdued in the coming quarters

Services exports up by 5% to $17.70 bn, imports flat at $10.86bn: RBI data

The services sector contributes to about 55 per cent in India's gross domestic product

Pushing exports may've caught PM's attention

In his I-Day speech, the Prime Minister suggested that farmers should be exporters and that each of our districts must become an export hub for its specialty

RCEP debate: Issue of diminishing returns from FTAs plagues India

The basic building block of the proposed RCEP - the Asean FTA - continues to be one-sided

India's marine product exports to China triples to $800 mn in Jan-Sep 2019

China is a major importer of marine products with imports of around $ 12 billion

Govt likely to extend benefits to exporters under MEIS till March 31

The decision to extend MEIS benefits is expected to draw the biggest cheer from the industry

Making rebates WTO-compatible

Under RoSCTL, except for some items containing cotton, the rates are between 1.7 and 3.6 per cent of the FOB value of export

Govt to tweak antidumping, subsidy rules to strengthen domestic industry

The changes in the rules of antidumping, countervailing or anti-subsidy and safeguard have been approved by the commerce ministry and will soon be notified by the revenue department, the official said