Satyamev Jayate - Indian Exporterss

GOI’s move to cap export incentives

GOI have decided to cap the export incentives under the Merchandise Export from India Scheme(MEIS). “These benefits are part of the export competitiveness. The sudden change will affect the exporters’ financially as buyers are not going to revise their prices upward,” President of Federation of Indian Export Organisations(FIEO) stated in conclusion. However, This Tuesday GOI …

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