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| From The Editor's Desk |
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| Suggestions wanted
The Commerce Ministry’s invitation for suggestions to remodel the Target Plus Scheme, came as good news for the exim community.
The scheme aimed at rewarding star export houses that achieve a quantum growth will go to further boost exports.
However before the scheme is implemented, the government needs to tighten certain loopholes and should rework the whole scheme within the same budget.
I belief that inputs and suggestions from the export fraternity on how to go about this exercise will indeed help, because the exporter-importer will be in a better position to project the ground realities.
If all goes well, the scheme will be a kick-start for industries and target employment and genuine growth.
The scheme's objective to accelerate growth in exports by rewarding star export houses that have achieved a quantum growth in exports will indeed provide the right impetus to the fledging sector.
Moreover I am of the opinion that exporters now have to think big. They should expand their wings beyond traditional markets and look at new areas and markets. It’s time too for an aggressive agro-export culture.
The authorities will also have to pledge to leave exports alone and reduce the encumbrances on exports. The need of the day is to get out of this intervention regime and let Exim Inc. do business and achieve their goals. |
Bikky Khosla
CEO
Tradeindia.com |
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AUTO EXPO 2006:
Jan 12 - 17, 2006 at Pragati Maidan, New Delhi - Details |
Nepcon World Japan:
Jan 18 - 20, 2006 at Tokyo, Big Sight, Japan - Details |
India International Garment Fair:
Jan 23 - 25, 2006 at Pragati Maidan, New Delhi - Details |
India International Leather Fair:
Jan 31 - Feb 03, 2006 at Chennai Trade Center, Chennai - Details |
Cosmobelleza 2006:
Feb 18 - 20, 2006 at
Feria de Barcelona Gran Via M-2 Trade fair center, Spain
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IFE Hungary 2006:
Feb 21 - 23, 2006 at The Budapest Sports Arena, Hungary - Details |
Building Materials and Construction Technologies (BMCT):
Mar 18 - 21, 2006 at Pragati Maidan, New Delhi, India - Details |
Prime Source Trade Show:
Mar 29 - 31, 2006 at Asia World Expo, Hong Kong - Details |
India Rubber Expo:
Jan 17 - 20, 2007 at Chennai Trade Center, Chennai - Details |
Hamriyah Free Zone:
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| Reader's Feedback Column |
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| Hi Mr. Bikky, |
While SAFTA is a welcome move, the experience of clearance of material under the agreement between India and Sri Lanka has not been comfortable at both the ends. Local custom authorities as well as standard institutions create several barriers (non-tariff) resulting in delay of clearance and litigations which discourage trade. The governments must look into the matter. |
Siddhartha |
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