You are here: Home » News-CM » Economy » News
Business Standard

Incentive Programmes for Exports

Capital Market 

The names of the countries implementing incentive programmes for and details of incentive packages given by such countries are tabulated as under:

S. No. Name of the country Name of the incentive programmes Details of incentive packages1.

2.

U.S.A

EU

Generalized System of Preferences (GSP) This promotes economic growth in the developing countries and least developed countries. Preferential duty free treatment is provided for about 30-40% products of designated beneficiary developing countries. India is also one of the beneficiary developing country.

Reserve Bank of India makes the assessment for devaluation of currency considering various factors like inflationary pressure on domestic economy etc. Devaluation may positively impact at times, but policy of devaluation is managed by RBI on other considerations as well.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 10 2017. 10:16 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU