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More stimulus for export sector on cards, discloses Anand Sharma

Category :India Sub Category :National,Business
2009-08-10 00:00:00
   Views : 353

New Delhi, Aug 10 - In order to support the export sector, the foreign trade policy to be announced later this month is likely to contain stimulus packages, Commerce Minister Anand Sharma said here Monday.

'We will talk to the finance ministry on export sector stimulus. We will announce more stimulus in the trade policy this month,' Sharma said after a meeting of the Board of Trade (BoT), the government's highest advisory body on export- and import-related issues.

'We are working on a long-term policy which will be reflected in the upcoming FTP (foreign trade policy),' he added.

The meeting was also attended by Harsh Pati Singhania, president of Federation of Indian Chambers of Commerce and Industry (Ficci), Venu Srinivasan, president of Confederation of Indian Industry, and A. Sakthivel, president of Federation of Indian Export Organisation (FIEO) - all ex-officio members of the board - apart from representatives of export promotion councils.




Author :Indo Asian News Service



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