FIEO suggests series of measures to boost exports

NEW DELHI: Exporters body FIEO on Sunday suggested a series of measures including outright exemption from GST, interest subsidy for agri-sector, and more funds for MSME players to boost outbound shipments. With increasing protectionism in several countries, domestic exporters need incentives to increase shipments, Federation of Indian Export Organisations (FIEO) President Ganesh Kumar Gupta said. "These support measures, if provided on time has the potential to take the country's exports to $375 billion in 2019-20 and create lakhs of jobs. This fiscal, we will cross $325 billion to $330 billion," he said on Sunday.