EEPC urges for better trade infrastructure
Engineering Export Promotion Council today urged the government for better trade infrastructure for smooth growth of exports from India.
By PTI |
KOLKATA: Engineering Export Promotion Council today urged the government for better trade infrastructure for smooth growth of exports from India.
EEPC Chairman Rakesh Shah in his note to the core group of secretaries, constituted to deal with issues relating to infrastructure, expressed grave concern over the state of trade infrastructure.
Shah alleged that the administrative system was unable to handle the rush of export and imports of the country owing to inadequate port infratructure.
"Costs for rail and road infrastructure and bank credit are disproportionately borned by the exporting community. The capacity deficiencies are being loaded on exporters in the form of surcharges.
"Freight contributes 25-30 per cent of the total costs of the exporters. Costs of few ports are as high as five times of those in Singapore, Port Kelang or Colombo," Shah said.
At the Haldia dock of Kolkata Port Trust, the waiting period has gone up to 48 hours compared to 24-26 hours earlier.
"Under these circumtances a long term plan be developed relating to foreign trade infratructure keeping in mind the needs of the country in the next 50 years," Shah added.
He suggested private-public partnership for warehousing, priority for berthing of export vessels, deploymnent of mobile crane and volume discounts in Mumbai and other ports.
He also urged for modernisation of airports and the need for bringing competition and upgrading multi model transportation system in the country.
EEPC Chairman Rakesh Shah in his note to the core group of secretaries, constituted to deal with issues relating to infrastructure, expressed grave concern over the state of trade infrastructure.
Shah alleged that the administrative system was unable to handle the rush of export and imports of the country owing to inadequate port infratructure.
"Costs for rail and road infrastructure and bank credit are disproportionately borned by the exporting community. The capacity deficiencies are being loaded on exporters in the form of surcharges.
"Freight contributes 25-30 per cent of the total costs of the exporters. Costs of few ports are as high as five times of those in Singapore, Port Kelang or Colombo," Shah said.
At the Haldia dock of Kolkata Port Trust, the waiting period has gone up to 48 hours compared to 24-26 hours earlier.
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"Under these circumtances a long term plan be developed relating to foreign trade infratructure keeping in mind the needs of the country in the next 50 years," Shah added.
He suggested private-public partnership for warehousing, priority for berthing of export vessels, deploymnent of mobile crane and volume discounts in Mumbai and other ports.
He also urged for modernisation of airports and the need for bringing competition and upgrading multi model transportation system in the country.
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