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Lack of data hampers govt's services export promotion scheme: Officials

Senior officials said the lack of data had also hampered the government's push to administer the 12 Champion Services Sectors initiative

Import, Export, trade, protectionism, Free Trade agreements, deals, FTA, Shipping, Sea ways, Sea transport, Water ways, Water transportGrowth, Economy
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A case in point, animation services — an upcoming sector being promoted by the government — is conspicuous by its absence in the list of eligible services under the SEIS.

Subhayan Chakraborty New Delhi
The lack of data has made difficult the commerce and industry ministry’s plans to expand the Services Exports from India Scheme (SEIS) and provide a crucial leg-up to new sectors.
 
Introduced in the Foreign Trade Policy (FTP) 2015-2020, the SEIS has been successful with incentives worth Rs 4,262 crore disbursed to services exporters in 2018-19 fiscal year.
 
“The government wants to widen the SEIS and boost support to services exporters by not only increasing reward in certain cases but also coverage of the scheme. But, getting requisite data to do so have been difficult,” said Sangeeta Godbole, director