Availability of credit to help increase export: TPCI
The Government should take six concrete steps such as reducing cost and time of port clearance for goods and enhancing availability of credit with a view to boost exports, TPCI said Sunday. Suggesting the six point agenda to push exports, Trade Promotion Council of India (TPCI) said identifying new product basket which can easily find world market would have inherent advantage over India’s global competitors. Besides, it asked for promotion of Indian products to new and emerging markets creating a national portal for global trade inquires and providing incentives to exporters based on their performances. “Indian port charges should be reduced as it make exports less competitive compared to rest of the world.