Business Standard

Boost leather sector

Leather exports from India is sluggish, so a lot more policy measures are needed for a revival

Image
Premium

Business Standard
With reference to Rs 2,600-cr sops to boost leather jobs” (December 16), finally, there is light at the end of the tunnel for the starving labour-intensive leather sector. The package will help small and medium entrepreneurs to tide over the crisis caused by demonetisation and goods and services tax (GST)-inflated taxes on raw materials used in leather tanning and finishing.

Leather exports from India is sluggish, so a lot more policy measures are needed for a revival. Most leather product exporting units demand finished hides and skins at competitive prices to increase exports. There are two types of tanning — vegetable/wattle

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in