Thursday, October 13, 2011

Govt allots Rs 900-cr export incentives


Centre has announced export incentives of nearly Rs 900 crore with the aim to maintain the growth momentum in India. These sops will be helping those from the labour intensive sectors. This also comes in the backdrop of the slipping demand in the traditional export destinations like US and the European Union.
This was informed by the Commerce, Industry and Textiles Minister, Mr Anand Sharma, after a meeting with the Federation of Indian Export Organisations, the Export Promotion Councils and also the commodity boards.

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