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Letters to BS: India needs momentum to achieve $300-mn export target

To raise exports, Prabhu's offer at the third meeting of the Council for Trade Development and Promotion to provide incentives for states is a practical idea that can be implemented quickly

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The uptick in exports is gratifying, Union Minister of Commerce, Suresh Prabhu should be complimented. However, efforts should be continued to keep this pace in the months to come to achieve $300 billion export target for the current year 2017-18. With the  exports restrictions imposed by EU, exports of agro-products is expected to show dismal performance.
 
The Union Ministry of Commerce and Industry should focus on this issue and exports to African countries must be stepped up by offering them longer credit days. Longer credit days without Libor rates will go a long-way to sustain and increase rice exports to