India Silk Export Promotion Council raises concerns with Minister of Commerce & Industry
The Dollar Business Bureau Recently, a delegation led by Satish Gupta, Vice-Chairman of the Indian Silk Export Promotion Council (ISEPC) called on Nirmala Sitharaman, Minister of State for Commerce & Industry to apprise her about the problems faced by the Indian Silk Industry and Indian Silk Export Promotion Council. The council has raised concerns about the government removing the marketing development assistance (MDA) on their export initiatives from 2015-16 and also on non-approval of India International Silk Fair and RBSM (Reverse Buyer Seller Meet). The government’s move of not to incentivize exporters of silk and silk products under MEIS (Merchandise Exports from India Scheme) also did not go well with the industry body as the incentive under Focus product scheme for ...
Indias export value of grapes to EU registers 23% growth in three years
The Dollar Business Bureau | @TheDollarBiz The Unit Value Realisation (UVR) of export of fresh grapes from India to European Union (EU) has increased by around 23% during the last three years. India’s Commerce Minister Nirmala Sitharaman informed the Parliament last week that the UVR of grape exports to the EU market has grown from $1.62 per kilogram in FY2011-12 to $1.78 per kilogram in FY2012-13, and to $1.99 per kilogram in FY2013-14. Grape exports to EU in quantitative terms have increased to around 72,307 tonnes in FY2013-14, up sharply from around 28,945 tonnes in FY2011-12. This has partly to do with the changes in EU, where grape production is on the decline due to unfavourable weather conditions, shrinking margins and policy changes. According ...
Increasing role of states in Indias export growth
Steven Philip Warner | The Dollar Business Cutting across to the more serious end, I got a call from our administration department that there was no direct flight to Ludhiana. So I asked him to give me a connecting option. I had known of a few friends and associates from Punjab in the past – all of them making good money from exports, so my admin manager’s response to a connecting flight request was an unpleasant shock. He said, “There is no direct flight to Ludhiana!” I said “Ok” and enquired about the AI flight that I had known about. He clarified that even that flight from Delhi had now been withdrawn. The fact that me as a stakeholder ...
