India plans to go ahead with export concessions in textile sector
The Dollar Business Bureau The Government of India’s decision on Tuesday over the textile exports will definitely come as good news for the textile exporters. According to a latest report, the Indian government has decided to move on with export concessions for the textile sector in the current fiscal year and the government is also mulling to extend the policy for the following two years. This move by the Indian government comes as a challenge to the United States which is opposing India’s decision on export concessions in the textile sector. The United States is challenging India’s decision saying that, under WTO rules, India will no longer be able to make decisions over giving sops to the textile exports, as ...
