Govt takes steps to address export issues
The New Indian Express|September 20, 2024
FREIGHT COSTS IN a bid to tackle the rising freight costs, shipping delays, and container shortages, commerce minister Piyush Goyal convened an inter-ministerial meeting on Thursday to address the operational hurdles faced by exporters, which have been exacerbated by current geopolitical tensions and market dynamics.

During the meeting, Goyal announced a series of measures to reduce shipping costs and enhance availability of containers. Key decisions included the Container Corporation of India (CONCOR) allowing empty containers to be stored free-of-charge for up to 90 days at the Jawaharlal Nehru Port Authority (JNPA), alongside substantial reductions in loading and handling fees.

This story is from the September 20, 2024 edition of The New Indian Express.

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This story is from the September 20, 2024 edition of The New Indian Express.

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