Saturday, May 31, 2025

Creating liberating content

NEW DELHI: India’s active Covid-19 cases have crossed the 2,700

Related News

NEW DELHI: India’s active Covid-19 cases have crossed the 2,700 mark, with Kerala leading in infection numbers, while Maharashtra and Delhi follow suit. This increase occurs as the illness, which

Rusev returned to the WWE on the Raw after WrestleMania 41 and destroyed the Alpha Academy (Otis and Akira Tozawa) in the cruelest way possible. Many expected this to be

President Donald Trump on Friday (local time) claimed that the United States is “very close to making a deal with India,” adding that a representative from Pakistan is expected to

NEW DELHI: An email threat received by secretary, ministry of heavy industries warning of the use of “suicide IEDs” in Udyog Bhavan, prompted an alert on Friday afternoon, though a

Trikonasana pose improves digestion and metabolism, which in turn can flush out excess uric acid. It also increases blood flow and stimulates the abdominal organs, helping the body get rid

NEW DELHI: EaseMyTrip reported strong growth in the fourth quarter of FY25, with Gross Booking Revenue at Rs 2,192.7 crore and operational revenue at Rs 139.5 crore, according to its

Trending News

President Donald Trump on Friday (local time) claimed that the United States is “very close to making a deal with India,” adding that a representative from Pakistan is expected to

NEW DELHI: EaseMyTrip reported strong growth in the fourth quarter of FY25, with Gross Booking Revenue at Rs 2,192.7 crore and operational revenue at Rs 139.5 crore, according to its

NEW DELHI: Vodafone Idea on Friday reported a loss of Rs 7,166 crore for the fourth quarter of the last fiscal, against Rs 7,675 crore in the same period of

MUMBAI: Sebi on Friday banned 59 entities, including actor Arshad Warsi, his wife Maria Goretti, from the market for up to 5 years. The move is related to misleading videos

Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Friday said India is sustaining its GDP growth momentum as the fastest-growing economy for the fourth year in a

Communications minister Jyotiraditya Scindia said government has no plans to provide any relief on the AGR (adjusted gross revenue) front to telecom companies after the Supreme Court struck down their

GTRI backs RoDTEP reinstatement, urges five-year stability to boost exports

Word Count: 580 | Estimated Reading Time: 3 minutes


GTRI backs RoDTEP reinstatement, urges five-year stability to boost exports

The Global Trade Research Initiative (GTRI) has welcomed the reinstatement of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme but stressed on the need for a stable, five-year implementation period to bolster India’s export competitiveness.“To position India as a stable and competitive export hub, the government must ensure uninterrupted RoDTEP coverage for at least five years. Frequent policy shifts hurt credibility, weaken trust, and ultimately damage India’s export competitiveness,” GTRI said.Although the RoDTEP scheme complies with World Trade Organisation (WTO) norms, GTRI expressed concern over the government’s inconsistent handling of the policy. The scheme reimburses exporters for embedded duties, taxes, and levies not covered under other incentive programs.RoDTEP benefits for certain categories were discontinued on February 5, 2025. However, the recent decision to reinstate them aims to ensure a level playing field for exporters across sectors. The Ministry of Commerce and Industry noted that this move reflects the government’s ongoing efforts to enhance India’s position in global markets.Since its inception, the RoDTEP scheme has seen disbursements exceeding Rs. 57,976.78 crore as of March 31. For the fiscal year 2025–26, the government has allocated Rs. 18,233 crore to support 10,780 HS lines under Domestic Tariff Area exports and 10,795 HS lines under Advance Authorisation (AA), Export Oriented Units (EOUs), and Special Economic Zones (SEZs), ensuring broad sectoral coverage.Additionally, the government has launched the Trade Connect e-Platform, aimed at streamlining international trade by connecting Indian Missions abroad with Department of Commerce officials and relevant organisations to offer comprehensive export-related services.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account