NEW DELHI: The commerce department has stepped in to work out a long-term solution to the credit woes of exporters, especially the smaller players, who are complaining of lack of access to finance with banks and RBI remaining mere spectator.Among the options being discussed is a credit guarantee fund for export finance, modelled on the…
Representative Image New Delhi: Gems and jewellery exporters on Tuesday sought a reduction in import duty on hold, silver, and platinum bars to 4 per cent in the forthcoming Budget. In a pre-budget meeting with Finance Minister Nirmala Sitharaman here, the Gems and Jewellery Export Promotion Council said the Indian gems and jewellery industry contributes…
The Directorate General of Foreign (DGFT) has put on hold its recent decision on changes in maximum permissible wastage norms for gold, platinum, and silver content in jewellery exports, according to a media release issued by Gem & Jewellery Export Promotion Council (GJEPC) on Tuesday. In a virtual meeting on 28th May GJEPC urged DGFT…
