RBI measures for MSMEs to help growth revival in employment-oriented sectors: EEPC IndiaThe RBI measures through loan restructuring and providing CRR incentives to the banks to lend to MSMEs would certainly help the exporting s...
Economic Survey 'right on course', focuses on increasing core competencies: EEPC India'' As the global market becomes more and more competitive, we completely agree with the assessment of the Economic Survey that India needs ...
EEPC urges govt to comprehend possible impact of Coronavirus on engineering exports to ChinaIndian engineering exports to China increased by a significant 27.60 per cent to USD 1.77 billion during April-December 2019 -20, according...
Pause in rate cut by RBI disappoints EEPCSehgal said it is a matter of regret that the banks have not even passed on the earlier cuts.
Scope for more aggressive RBI rate cuts: Ravi Sehgal, EEPCExports have a major role to play in pushing the GDP growth and they must be given due support.
Engineering Export Promotion Council seeks alternative to interest subvention schemeThe Union government has been providing interest subvention to the extent of three to five per cent on bank credit, EEPC India Chairman Rav...
RBI should ensure easy credit disbursal to exporters: EEPC India chairmanSehgal added the RBI should strengthen the ombudsman mechanism for redressal of grievances.
Rate cut okay but banks need to do more to help exporters: EEPC India chairman Ravi Sehgal"Despite the third consecutive rate cut by the RBI, the transmission by banks has been rather low, reflecting more of a tokenism, than a su...
Banks should pass on rate cut benefit: Ravi Sehgal, EEPC India"The muted credit growth in exports and MSME space is a clear reflection of the high cost of money."
Budget 2019 gives clear vision on ease of doing business: EEPC India chairmanBe it roads, sea ports, airports, roads and railways under different flagship programmes like Sagarmala projects, they would all help reduc...
EEPC India flags concerns over exporters losing refunds, possibility of ED actionEEPC Chairman pointed out that India's overall merchandise exports remained static, logging in less than one per cent growth in November th...
RBI action against delay in remittances case panic exporters: EEPCRavi Sehgal said India's overall merchandise exports remained static , logging in less than one per cent growth in November this year.
Engineering exports likely to touch USD 80 billion this fiscal: EEPCIn 2017-18, the exports stood at USD 76 billion. The sector accounts for about 25 per cent of the country's total merchandise exports.
EEPC eyes triple-digit jump in annual shipmentsThe apex body however expressed concerns over ambiguity on continuation of generalised system of preferences (GSP) for Indian Imports to th...
Rate hike by RBI is big negative for exporters feels EEPC IndiaIf the GDP growth has to be pushed up to the levels as estimated by the RBI, the exporters need to be supported, said the EEPC.
Rate hike to increase cost pressure on exporters: EEPC IndiaThe paradox for exporters is that while the RBI has itself taken stock of headwinds like increase in trade protectionism & crude prices, th...
RBI's inflation outlook a worry for exporters: EEPC India chairmanPrices of raw material like steel for the manufactured exports have run up excessively, hitting the competitive advance of the Indian shipm...