www.fibre2fashion.com
SUSTAINABILITY2PROFITABILITY - Impact feature is live
   Home >  Articles  >  Miscellaneous


 
 
Foreign Trade Policy 2009-2011: Commerce Minister And Beyond
By :   Dr. H.K. Sehgal 
Free Download   Email Article   Discuss Article   Print Article   Rate Article
 

Apparently, the Government has had no money to spare for providing any Package for the garment exporters and has chosen to spend still more on what they call as Social Sector, which might give a temporary relief to the weaker sections of the society, in terms of palliatives, but this, to my mind, is rather a short-sighted policy or a political decision on an entirely an economic and development issue. Anand Sharma, a transplant from Ministry of External Affairs to a promotion of Commerce and Industry Minister, is after all neither a Finance Minister nor the Prime Minister to have a final say on the national priorities of the UPA Government-and I have virtually no hesitation to reiterate what I had concluded my said article by saying To my mind, the Government could afford to be liberal on modifying procedures, which might help to reduce the transaction charges, but it would be nave to expect the Government to offer more than some lollypops.


Let me even further state that garment exporters or their trade bodies should not expect any fiscal relief or reform even in the next years financial Budget i.e. for 2011-12, unless the Government of the day corrects its vision and priorities-notwithstanding anybody taking over as Minister of Commerce and Industry. It is a matter beyond the Commerce Minister.


The Budget Has Provided Just What The Stitch Times Had Predicted Two Months Back.

1 2 3 4  ]    

 

Published On Monday, September 14, 2009
 
 
 

 
 
Free Download   Email Article   Discuss Article    Print Article   Rate Article
 


Product Focus
Textile ERP - IT Solutions by Datatex Dow Corning Silicone Textile Printing Inks

Subscribe to our Premium Articles & get global updates about trends & developments of textile and apparels
How can a secret shopper enhance retail sales
Russian flowers in stylish shawls
The Impact Feature - Machinery Compendium
Submit Articles about your products and services - Get them published as Featured Articles
Search Article
Submit Your Article Contributor's Profile Contributor's Login Subscribe for Newsletter RSS Feeds Disclaimer
Disclaimer | About Us | Enquiry | Sitemap | Our Services | Feedback / Comments | Internet Rank
Copyright © 2012.
All rights reserved by
Sanblue Enterprises Pvt. Ltd.
For best view:
Use Internet Explorer 5.0+,
Screen resolution 1024 x 768
ICICI Payment Gateway
Secure Merchant
ISO 9001 certified