Ludhiana: City exporters, particularly those dealing in garments, have heaved a sigh of relief after the announcements by Union finance minister Nirmala Seetharaman.
Indian industry bodies have welcomed the government’s ₹70,000-crore package for stressed exporters and the real estate sector, saying the announcements are in line with expectations and the decisive and comprehensive measures will boost the economy in near-term.
India's annual rate of inflation, based on monthly wholesale price index (WPI), for August 2019, remained unchanged at 1.08 compared to July 2019.
Workers at the TNG Thái Nguyên Investment and Trading JSC produce garments for export. Việt Nam’s textile export value rose almost 7 per cent in eight months of this year. VNA/VNS Photo Hoàng Nguyên
Tirupur Exporters Association on Saturday thanked Finance Minister Nirmala Seetharaman for announcing new measures to boost exports and for considering the continuance of MEIS (Merchandise Export from India Scheme) at four per cent till December end.
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