Page 3 - Fieo
Kicking the import habit: Can India grab a $200-bn business opportunity
PM Modi's call for a self-reliant India, free of its dependence on imports, means opportunity for the domestic industry. But there are many questions that need to be answered, writes Sai Manish
 "Kicking the import habit: Can India grab a $200-bn business opportunity")
RBI breather for trade: Higher export credit, more time to pay import bills
Exporters laud timely steps but want direct fiscal support, full package
 "RBI breather for trade: Higher export credit, more time to pay import bills")
Major states still not allowing industries to reopen: FIEO to govt
Majority of industrial townships remain in red zones, restricting exports
 "Major states still not allowing industries to reopen: FIEO to govt")
Exporters want extension of promotion schemes amid coronavirus spread
Collateral free lending up to Rs 2 crore with the collateral requirement capped at 35-40 per cent for lending beyond Rs 2 crore, also feature in the list of demands
 "Exporters want extension of promotion schemes amid coronavirus spread")
Coronavirus: Exporters want easier NPA norms, advance tax rules to survive
FIEO says large-scale order cancellations, supply chain disturbance, troubled delayed or even non-payment of bills could force several units to shut down
 "Coronavirus: Exporters want easier NPA norms, advance tax rules to survive")
Exporters have started feeling pinch of coronavirus, says industry body
Federation of Indian Export Organsations (FIEO) said they are expecting that in the coming days significant number of such requests would come which could eventually lead to cancellation of orders
 "Exporters have started feeling pinch of coronavirus, says industry body")
Apparel exporters facing liquidity crunch as funds are blocked: FIEO
The RSCTL scheme was not implemented in the entire 2019 and MEIS also stopped from August last year for apparel and made-ups sectors, FIEO President Sharad Kumar Saraf said in a statement
 "Apparel exporters facing liquidity crunch as funds are blocked: FIEO")
Fraction of exporters may have misused GST refund facility, says FIEO
FIEO President Sharad Kumar Saraf said that it is unfortunate that exporters have been singled out for GST frauds
 "Fraction of exporters may have misused GST refund facility, says FIEO")
Experts laud decision to avoid RCEP, say it will protect industry, farmers
The experts stated that the government's decision to not join this pact vindicates the concerns of domestic industry from sectors such as dairy and metal
 "Experts laud decision to avoid RCEP, say it will protect industry, farmers")
FIEO asks govt for analysis of sectors with low or negative growth
These sectors include plastic, handicrafts, tobacco, textiles, pharmaceuticals, gems and jewellery
 "FIEO asks govt for analysis of sectors with low or negative growth")
FIEO sets export target of $325 bn for this fiscal
There is a bit of anxiety in the business with regard to the Goods and Services Tax
 "FIEO sets export target of $325 bn for this fiscal")
