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EEPC seeks alternative to interest subvention scheme

Saturday, August 31, 2019, 5:03 PM

Engineering Export Promotion Council (EEPC) of India has sought an alternative to interest subvention scheme as the WTO has been raising its objection to it, an official said on Saturday. The Union government has been providing interest subvention to the extent of three to five percent on bank credit, EEPC India Chairman Ravi Sehgal said on Saturday.
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GSP roll-back: Exports of goods under tariff system to US up 32 pc

Sunday, August 11, 2019, 7:01 PM

Exports of Indian goods, which were enjoying benefits under the preferential tariff system GSP, to the US registered a growth of 32 per cent in June, according to Trade Promotion Council of India (TPCI). The US rolled back export benefits to over 1,900 Indian goods from June 5. These incentives were provided by America under its Generalised System of Preference (GSP) programme.
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Pakistan formally suspends trade with India

Saturday, August 10, 2019, 8:45 PM

Pakistan has formally suspended its trade relations with India, in retaliation against New Delhi's decision to revoke Article-370 that gave special status to Jammu and Kashmir, the media reported. The federal cabinet headed by Prime Minister Imran Khan endorsed the decisions taken by the National Security Committee and the joint session of parliament, which include suspension of trade ties with India, reports Dawn news.

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