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FIEO SEEKS HIGHER ALLOCATION FOR MAI, AEPC SINGLE GST ACROSS MMF CHAIN
The Business Guardian
|January 28, 2024
Ahead of the Interim Budget 2024, Indian exporters have sought from the Finance Ministry, budgetary support for conducting research and development (R&D) activities through tax exemptions, development of a global shipping line of India to optimise transport service charges, increased allocation for Market Access Initiative (MAI) scheme, financial outlay for the District as an Export Hub (DEH) scheme and extension in sunset clause for new manufacturing companies till 31 March, 2027
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The proposals put forward by the Federation of Indian Export Organisations (FIEO) for FY2024-25 come amidst the apex trade body’s growing concern over the slowdown in India’s outbound shipments reflecting in the marginal increase of 1 per cent in India’s exports of USD 38.45 billion in the month of December and decline of 5.7 per cent in exports to USD 317.12 billion during AprilDecember of FY24. India’s merchandise exports in December 2023 registered 0.96 per cent growth over USD 38.08 billion in December 2022.
President (officiate) of FIEO Israr Ahmed pins down the cause to rising geo-political uncertainties, logistics challenges, slow global economic recovery and demand even as the Ministry of Commerce and Industry expresses optimism over India’s overall exports, combining merchandise plus services, posting a positive growth of 16.11 per cen in April-December 2022 over the same period in 2021, on the back of a sustained domestic demand
Denne historien er fra January 28, 2024-utgaven av The Business Guardian.
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The Business Guardian
Heavy rains batter Maha, NDRF rescues over 300 people in Marathwada districts
‘The Continuous heavy rainfall across several districts of Maharashtra has led to a flood-like situation, prompting the deployment of the National Disaster Response Force (NDRF) in Beed, Dharashiv, and Solapur districts.
1 min
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The Business Guardian
Rahul Gandhi urges PM to announce Punjab Flood relief package
Congress leader Rahul Gandhi on Monday again urged Prime Minister Narendra Modi to immediately announce a comprehensive relief package for Punjab following devastation caused by floods in the state.The Congress leader, who had written a letter to PM Modi earlier, said Punjab has suffered losses of “nearly Rs 20,000 crore” due to the floods, and the initial relief package of Rs 1600 crore announced by PM Modi is an “injustice” to the people of Punjab.”
1 min
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The Business Guardian
Workplace culture and human behavior: A key to mental health
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5 mins
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10 mins
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The Business Guardian
Small states, big challenges: The legal paradox of UN membership
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3 mins
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‘Defacement will not be tolerated’: Delhi CM
‘ACTION ON THOSE PUTTING UP POSTERS’
2 mins
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The Business Guardian
Rahul launches Organization Creation Campaign in key states, raises factionalism concerns
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1 mins
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The Business Guardian
Crompton launches DURA series submersible pumps
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2 mins
September 24, 2025
The Business Guardian
ED SEIZES RS 7.44 CR ASSETS LINKED TO AAP’S SATYENDAR JAIN
The Enforcement Directorate (ED) on Tuesday said it has attached a fresh set of assets worth Rs 7.44 crore of companies \"beneficially owned and controlled\" by AAP leader and former Delhi minister Satyendar Jain as part of a money laundering investigation.
1 mins
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The Business Guardian
Nearly 200 fall ill after consuming buckwheat flour in Delhi
Nearly 200 people have fallen ill due to food poisoning allegedly after consuming buckwheat flour during Navratri fasting in northwest Delhi, police said on Tuesday.
1 mins
September 24, 2025
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