Friday, 19 August 2022

 

 

LATEST NEWS Fauja Singh Sarari Directs Officials To Make All-Out Efforts To Double Area Under Horticulture In Punjab Chief Minister Bhagwant Mann Hands Over Station Allotment Letters To Newly Recruited 6635 Ett Teachers Employee Unions of Transport department should support Mann government to bring department back on track of progress : Harpal Singh Cheema TV star Sumbul Touqeer finds inspiration in upcoming show 'Rajjo' Committed to safeguard interests of horticulturists : Jai Ram Thakur IANS Review: 'Highway': Plot-holes make this Telugu OTT movie a bumpy ride PWD Minister Issues Directions To Recover Dues From Commercial Establishments Along Highways Hawala operator for terror outfits LeT, Al-Badr held in Delhi Salma Hayek, Annie Murphy in talks to star in 'Black Mirror' season 6 Darwin Nunez has time to learn from red card : Liverpool coach Jurgen Klopp Sachin Tendulkar to flag off Mumbai Half Marathon on Aug 21 Mirwaiz Umar Farooq is not under house arrest : J&K Lt Governor Manoj Sinha Parmish Verma Unwraps The Poster Of Upcoming Song ‘Caran Caran’, Calls It A Gedi Anthem Jemimah Rodrigues leaves The Hundred due to injury; Gaby Lewis named as her replacement Vijay, Ananya pay tribute to Kannada superstar Puneeth Rajkumar Arjun Bijlani hints at the possibility of Season 3 of 'Roohaniyat' IND v ZIM: Was waiting for a long time to come back, play for India again : Deepak Chahar Positive sign to see people swarming to make Punjab ‘green’: Lal Chand Kataruchak Quarterly Inspections Abolished, Annual Inspections Introduced From Ko-actors To Co-actors, Sara Ali Khan & Janhvi Kapoor Unite For Bollywood Project 3.34 lakh families benefited under Grihini Suvidha Yojna : Jai Ram Thakur

 

Integrated Logistics Division being created to facilitate exporters : Commerce Secretary

Web Admin

Web Admin

5 Dariya News

New Delhi , 01 Jun 2018

Assuring exporters of Government support, Minister of State of Commerce & Industry, C R Chaudhary asked the exporting community to further build on the exports of over USD 76 billion in 2017-18.Giving away EEPC India National Awards in New Delhi last evening to 110 engineering exporters, Chaudhary said thatit is significant that these entrepreneurs made this possible in 2016-17 when the going was tough and there were lot of headwinds in the global economy. However, things improved in the following 2017-18 and the prospects seem equally encouraging this year.In her address, Commerce Secretary Ms. Rita Teaotia said the government is working on creating an integrated logistics division within the Commerce Ministry to bring down the total cost of movement of shipments.

She asked the engineering exporters to work on a strategic plan to completely wipe out the trade deficit of USD 16 billion of the engineering sector in the next few years, with a focus on newer markets.Ms. Teaotia said while the engineering sector with record shipments of USD 76 billion is among the best performing in the basket of merchandise exports, accounting for one-fourth of the country's total exports, but exporters must strive to become dominant playersin 5-6 sub sectors.The Indian engineering exports, though rising at a fairly steady rate, account for just 1.2 per cent of the total global engineering exports, against 12.3 per cent of China.On this occasion the EEPC India Chairman, Ravi Sehgal spoke about some of the issues faced by exporters likeGST refunds, OFAC sanctions, rising raw material prices and the potential threat of the export refund schemes becoming WTO non-compliant. The EEPC India has submitted several suggestions to the government for dealing with these problems.

 

Tags: CR Chaudhary

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD