Need to provide more incentives to boost exports
Smt Meeta Rajivlochan, IAS, Addl Director General of Foreign Trade (DGFT), Mumbai, visited orange city first time after assuming the charge and interacted with exporters / importers and members of Vidarbha Industries Association (VIA) today at VIA Auditorium, Nagpur.
Smt Rajivlochan addressed the exporters on incentives on exports to be increased, upcoming Foreign Trade Policy in April 2019 and Schemes of DGFT. She emphasized that she will take initiative and recommends that in the coming mid-term policy incentives to be increased.
She advised all leading Banks, Customs, DGFT and ECGC should come forward and form a committee and this committee will organize awareness programs on “Exports” on regular basis under Niryat Bandhu Scheme to clear the doubts of startups and prospective exporters of the region.
During the Q&A, exporters raised their query about Policy Relaxation Committee (PRC) of Directorate General of Foreign Trade (DGFT) having its office at New Delhi and requested that PCR meeting should be organised in Mumbai.
She will also take up the issues related to Electronically Bank Realization Certification (EBRC), online issues related to Custom, JNPT, GST in the monthly meeting of Custom Departments.
She said exporters will get exemption in IGST till 31st March 2019 and she will take further for further extension of this.
Shambhaji Chavan, Dy DGFT, Mumbai stressed that if any exporter having any grievance, clarification related to policy they may submit their query online for suitable and immediate reply.
Rajesh Desurkar, Branch Manager of ECGC, Nagpur said ECGC is essentially an export promotion organisation, seeking to improve the competitiveness of the Indian exporters by providing them with credit insurance covers. ECGC keeps its premium rates at the optimal level. He said any disputes, quality complaint, Export Credit Guarantee Scheme, before consignment any party available Export credit guarantee scheme. ECGC Ltd provides a range of credit risk insurance covers to exporters against loss in export of goods and services. It offers export credit insurance covers to banks and financial institutions to enable exporters to obtain better facilities from them.
Earlier, Atul Pande, President – VIA welcomed Sambhaji Chavan, Dy DGFT, Mumbai and Aditya Saraf, Vice President – VIA welcomed Meeta Rajivlochan, IAS, Addl DGFT, Mumbai with floral bouquets. Atul Pande in his welcome address briefed about the VIA and our relations with DGFT since its inception, DGFT had setup their extension counter at VIA premises, Nagpur.
Gaurav Sarda, Chairman of VIA EXIM Forum made an opening remark and said exporters / importers are getting good support and timely assistance from local DGFT office and this service should be continued further also. Pratik Tapadia, Chairman – VIA Knowledge Forum conducted the Q&A session and also proposed a formal vote of thanks.
R R Borikar, Asstt DGFT, Nagpur, Dr Suhas Buddhe, Hon. Secretary – VIA; Former Vice Presidents of VIA Prashant Mohota and O S Bagadia, Mayank Jain from Suruchi Spices, Vaibhave Agrawal. Program got tremendous response from Exporters / Importers, members of the Associations and representatives from exporting units C Chitra from Diffusion Engineers ltd., P K Raut from Sunflag Iron & Steel; Sunila B G from Haldiram Foods International; Sudeep Kothari from Shah Nanji Nagsi Exports; C K Khushwah, Indorama Synthetics, Manoj Gattani from Mahalaxmi Coal Pvt Ltd., R C Plasto; Nitin Vaidhya from ECGC Ltd., were prominently present.