Financial Daily from THE HINDU group of publications
Monday, Apr 01, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Industry & Economy - Exim Policy


Chambers hail Exim policy

Our Bureau

NEW DELHI, March 31

THE apex chambers of commerce and industry have welcomed the pr-oactive and export-friendly Exim policy measures. Stating that the Exim policy had sought to create a framework for enhancing India's export capability, the President of he Federation of Indian Chambers of Commerce and Industry (FICCI), Mr R.S. Lodha, however underscored the need for time-bound implementation of all policy initiatives that had been outlined.

"The most encouraging aspect of the new look Exim policy is its focus on raising India's export competitiveness and initiating several bold measures to do so,'' he said. At the same time, he also felt that crucial issues relating to flexible labour laws in the context of SEZs and issues pertaining to infrastructure bottlenecks should have been addressed.

The Confederation of Indian Industry (CII) welcomed the continuation of all the existing export promotion and duty neutralisation schemes. The chamber also said that the measures announced for Special Economic Zones (SEZs) should be followed with quick implementation.

Welcoming the Exim policy, the PHDCCI President, Mr Arun Kapoor, said that the policy was much in line with the industry expectations. The policy measures will help the industry to plan ahead and give stimulus to export growth. He felt that the success of the policy would, however, depend on how well and how soon it was implemented and the desired support it would get from the States.

Send this article to Friends by E-Mail

Stories in this Section
Global airlines still keen on `Maharaja'


Deadline for zero revenue gap may be pushed back
CAG raps Govt for poor fiscal management
Q3 current account posts surplus after nine years
Petrol, diesel imports through IOC to continue
CF lamps: Ray of hope amid power crisis?
Chamber welcomes new tariff order
Raichur thermal power station units 3, 4 -- ICICI-Lombard emerges lowest bidder for risk cover
Staggered power cuts
Subsidy to SSIs on the decline
Farm exports freed; thrust to SEZs -- Maran gives Exim policy a friendly push
Bleak export scenario set to change: Maran
Simplified norms; specific packages
New initiatives to drive export growth
Salient features of the Exim policy 2002-07
No to global financial centre in SEZs
Extra revenue outgo on sops at Rs 1,000 cr -- Total outflow may top Rs 27,000 cr in 2002-03
`We want a critical mass of exports'
`Path-breaking policy, will boost exports'
Maran bullish on 1 pc target -- Package for services export coming
Offshore branches will lead to easy transactions: Ballabh
Exports to new markets to go up 15-30 pc
Textile industry upbeat on retention of schemes
`Maran's message is export or perish'
No incentives for States: GMCI
Comprehensive, says Cochin SEZ
Chambers hail Exim policy
`Boost for agri exports'
Growth-oriented policy, says FIEO
Liquor sector wants lower CVD move rolled back
Gem trade wary of diamond duty cut
Focus on cluster-based units -- Tirupur hosiery sector hails policy thrust
Solid motor for PSLV 3rd stage
ITI removed from sell-off list on `strategic' grounds
Four bidders for Nizam Sugars unit
ITDC divestment proceeds to be shared with States
Targeting self-help groups for rural development -- IDE offers drip irrigation systems for small far
Hyderabad Engagements
Competition for architects


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line