Export Boost 2019: The 12 Sops You Need to Know About

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Union Minister N Sitharaman announced a new set of measures to boost exports



Export Credit Guarantee Corp will expand scope of ECIS and offer higher insurance cover to banks lending working capital for exports in a move which will cost Rs 1700 crores per annum to the government


Govt working to reduce 'Time to export' by leveraging technology further; Action Plan to reduce turn around time at airports and ports bench marked to international standards to be implemented by Dec 2019 and Inter-Ministerial group to monitor this


On Free Trade Agreements: Government announces setting up of FTA Utilisation Mission headed by a senior officer in Dept of Commerce, to work with FIEO and export houses to utilise concessional tariffs in each FTA


There shall be time bound adoption by Industry of all necessary mandatory technical standards Effective enforcement will elevate quality and performance, enhance competitiveness and address issue of sub-standard imports


Government moves to enable handicrafts industry to effectively harness e-commerce for exports announces mass enrolment of artisans across India for handicraft promotion


To get realtime information and guidance on all schemes of Government and private sector for SMEs join Scheme Finder for free : https://www.smemaxx.com/scheme-finder

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