Amiti Sen

  • Govt to make short work of SEZ nods

    Govt to make short work of SEZ nods

    The proposal, mooted by the commerce department, is up for review by the SEZ Board of Approval (BoA), a panel comprising officials from various government ministries that gives permission to such tax-free industrial zones.

    WTO: India targets Doha curtain-raiser

    WTO: India targets Doha curtain-raiser

    An informal meeting of the trade ministers of some World Trade Organisation members in New Delhi in September is expected to set the ball rolling for serious negotiations in Geneva later in the month for concluding the on-going Doha round of trade talks.

    Textile exporters may get input duty relief

    Textile exporters may get input duty relief

    The textile sector, hit badly by the ongoing demand slowdown in the Western markets, can look forward to some additional sops in the forthcoming foreign trade policy.

    Cabinet nod for Asean FTA

    Cabinet nod for Asean FTA

    The Union Cabinet has cleared the free trade agreement (FTA) between India and Asean, a grouping of 10 southeast Asian nations, despite concerns over its possible impact on the country’s farmers.

    DEPB may be extended till March

    DEPB may be extended till March

    The government plans to extend its controversial but popular import duty reimbursement scheme—the DEPB scheme—till the end of the financial year as it looks to bail out the export industry, which employs roughly 150 million people.

    Niche schemes may fuse to push exports

    Niche schemes may fuse to push exports

    The government may marry two existing schemes that incentivise export of niche products and to niche destinations and make export of labour-intensive products more competitive in traditional markets and increase exports to new destinations.

    Exporters still long way from tax refunds

    Exporters still long way from tax refunds

    The government is still unclear on handling exporters’ long-standing demand of getting a reimbursement of state-level taxes—levies which account for an estimated 4-5% of production cost.

    India, Asean set to meet again on trade agreement

    India, Asean set to meet again on trade agreement

    The FTA, which seeks to eliminate tariffs on more than 4,000 products, including electronic goods, chemicals, certain capital goods and some categories of textiles, is scheduled to be implemented from January 1, 2010.

  • Amiti Sen

    We’ve got Visa power!

    India and Pakistan have once again proved to all skeptics that when they talk business, they mean business! The signing of the new bilateral visa agreement replacing the restrictive 37 year old pact is yet...

    Amiti Sen

    Chinese Checkers

    It may not be easy for Indians to love the Chinese. But it is impossible to hate them. Yes, they do flood us with cheap products ranging from diyas and crackers to chemicals, metals, electronics...

    Amiti Sen

    Economics scores over mindless patriotism

    If Pakistan needed to show proof of its sincerity in wanting closer economic ties with  India, it has indeed done so. It finally walked the talk this week with its Federal Cabinet agreeing to put...

    Amiti Sen

    Economics scores over mindless patriotism

    If Pakistan needed to show proof of its sincerity in wanting closer economic ties with  India, it has indeed done so. It finally walked the talk this week with its Federal Cabinet agreeing to put...

    Amiti Sen

    India-EU FTA–not a lost cause

    The Indian media is full of stories on how the India-EU free trade agreement will not be signed during the India-EU summit in New Delhi on Friday.  I wonder what made people think that the...

    Amiti Sen

    India-Pakistan’s MFN roller-coaster

    When the Pakistani Cabinet decided on November 2 to allow grant of most favoured nation or MFN status to India that would result in removal of import restrictions, the media, as expected, went to town...

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