The government on Saturday announced a set of measures to boost sagging exports, including a new WTO-compatible scheme to refund central and state levies, cheaper and additional funds along with steps to accelerate clearance of consignments at ports and airports. These measures were part of the government’s strategy to revive growth and exports which have slumped, triggering concerns about the health of the economy.

Finance minister Nirmala Sitharaman also unveiled steps to revive the sagging real estate sector and provide relief to homebuyers waiting for their dream apartments.

Sitharaman’s third booster shot for the economy came a day after the latest trade data revealed poor trade performance, with exports falling for the second time in three months, while imports have slid for three straight months now.
 

The government on Saturday announced a set of measures to boost sagging exports, including a new WTO-compatible scheme to refund central and state levies, cheaper and additional funds along with steps to accelerate clearance of consignments at ports and airports. These measures were part of the government’s strategy to revive growth and exports which have slumped, triggering concerns about the health of the economy.

Finance minister Nirmala Sitharaman also unveiled steps to revive the sagging real estate sector and provide relief to homebuyers waiting for their dream apartments.

Sitharaman’s third booster shot for the economy came a day after the latest trade data revealed poor trade performance, with exports falling for the second time in three months, while imports have slid for three straight months now.