[ad_1] of India wheat export ban And the use of the peace clause to protect its food programs against action from trade disputes has come under fire. world trade organization ,world trade organization, The US, Japan, Canada and Thailand have questioned both of these measures and requested consultations with India on the use of a peace clause to exceed the 10% limit on support given to its rice farmers, along with Uruguay . “They are trying to test the limits of the peace clause as the recent ministerial result did…
Tag: Export
Manufacturing PMI stable, export orders at 11-year high
[ad_1] Manufacturing growth held steady in May, as export orders hit an 11-year high and companies could secure new deals, despite increasing selling prices at the fastest pace in eight-and-a-half years, with input costs rising. Customers to pass the spike in burden. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) eased slightly to 54.6 in May from 54.7 in the previous month. But according to a release from S&P Global, it remains well above the trend average, pointing to “continuous improvement across the region.” An index reading…
Extension of Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit for exporters
[ad_1] RBI circular no. RBI/2021-22/180 DOR.STR.REC.93/04.02.001/2021-22 continue on 8th March 2022 Expands interest equalization scheme for rupee export credit before and after shipment From 1st October, 2021 and 31. will endscheduled tribe March 2024 or till next review, whichever is earlier. The Interest Equalization Scheme for providing Rupee Export Credit before and after shipment to eligible exporters is effective from 1st April 2015. In April last year, this scheme was first extended till June 2021 and later till September 2021. for the period from October 1, 2021 to March 31,…