** Sagar Sandesh print version ceases to be published from December 31, 2017. New look E-paper would be available from Jan. 1, 2018 onwards. free of cost.**

Enhancement of Merchandise Exports from India Scheme (MEIS) for two subsectors of Textiles Industry

The Directorate General of Foreign Trade (DGFT) has issued Public Notice no. 42 today by which rates for incentives under the Merchandise Exports from India Scheme (MEIS) for two subsectors of Textiles Industry that is readymade garments and made ups have been enhanced from two percent to four percent of value of exports with effect from 01.11.2017 till 30.06.2018, says a release from Ministry of Commerce and Industry.

The estimated annual incentives will be Rs. 1,143.15 crore for 2017-18 and Rs. 685.89 crore for 2018-19. This measure will incentivise the exports of labour intensive sectors of readymade garments and made ups and contribute to employment generation.  M-25

Disclaimer
Copyright © 2018 PORT TO PORT - Shipping Services Portal ( Sagar Sandesh ). All rights reserved.

Follow Us