Exporters Need Financial Assistance in the Upcoming Budget
Exporters proposed recently that the upcoming budget include policies to increase exports and support job creation, such as the establishment of a fund and lending at reasonable rates. The Federation of Indian Export Organizations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and as a result, the sector needs more assistance in a pre-budget meeting with Finance Minister Nirmala Sitharaman. Let’s discuss the notification in detail. Exporters need financial assistance in the upcoming Budget Recently, the exporters suggested that the forthcoming budget include measures to boost exports and assist job creation, such as the creation of a fund and lending at competitive rates. In a pre-budget meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organizations (FIEO) claimed that the weakening of the rupee against the US dollar is affecting exports' competitiveness and that, as a result, the sector