The much-awaited export promotion measures, which were due to be announced by Commerce Minister Anand Sharma, may hit a roadblock with the revenue-starved Finance Ministry not coming forward with funds.Sharma, during the industry-government task force meeting, last week, had said that the government will announce incentives for exporters to provide them a cushion in the wake of declining shipments due to global slowdown.Concerned over India’s exports shrinking by 5.95 per cent to $189.2 billion during the April-November period this year. The government was likely to announce the export-promotion measures on Monday.But, according to sources in the Finance Ministry, the government battling Full Story Lack of funds may
Full Story Lack of funds may mar govt’s export promotion dream
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