Business Standard

FIEO plea for sops at odds with govt view

It is difficult to understand why the exporters want the taxpayers' money to further their businesses

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TNC Rajagopalan
About 10 days back, Commerce Minister Piyush Goyal said exporters should not be dependent on a depreciating rupee to stay competitive and, instead, they should stand on their own feet on the basis of quality of products and the ability to serve the needs of customers in the global markets. It would be interesting to see if he takes the same view on several demands of the exporters.

Last Monday, in a press release, the Federation of Indian Export Organisations (FIEO) gave detailed data and said contrary to general perception rupee depreciation is not providing much competitiveness as currencies of most
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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