Export schemes extended amid West Asia crisis

The Centre has extended two key export schemes, Remission of Duties and Taxes on Exported Products (RoDTEP) and Rebate of State and Central Taxes and Levies (RoSCTL), for exporters of apparel, garments, and made-ups by three months to December 31. This move aims to support Indian exporters who have been affected by the ongoing crisis in West Asia. The extension of these schemes will provide relief to exporters and help maintain India's export momentum, which is crucial for the country's economic growth.

Why it matters

The extension of export schemes amid the West Asia crisis could help Indian exporters remain competitive and mitigate the impact of the crisis. This could lead to increased exports and revenue for Indian companies.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

Explore the intelligence

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.