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Textile exporters get FM's support

16 Nov '07
1 min read

Textile exporters, who are struggling to cope with Rupee appreciation, have been assured by P. Chidambaram, Finance Minister that the Government is already working out a strategy to help them come out of this crisis.

Rakesh Kumar, Export Promotion Council for Handicrafts executive director, also confirmed the statement relieving exporters with hit by appreciating rupee.

Textile exporters have demanded for increase in duty drawback rates, reduction in interest rates for pre and post shipment credit as well as exemption from service tax.

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