You are here: Home » Economy & Policy » News
Business Standard

We need to address high interest, tax rates to boost exports: Piyush Goyal

"We need to address the root cause of problems hurting the exporters and industry," said Commerce and Industry Minister Piyush Goyal

Shoumak Dasgupta | Reuters  |  New Delhi 

Indian exporters and manufacturers are facing a cost disadvantage due to higher borrowing costs and tax rates, the trade minister said on Thursday, after economic growth slipped to a more than four-year low of 5.8% in the January-March quarter. "We need to address the root cause of problems hurting the exporters and industry," said Commerce and Industry Minister Piyush Goyal, while speaking at the first meeting of exporters and government officials to discuss plans to promote exports after he took charge last week. The Monetary Policy Committee of the Reserve Bank of ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, June 06 2019. 11:47 IST
RECOMMENDED FOR YOU