New Delhi, April 9 (IANS) Amid the ongoing West Asia crisis, Directorate General of Shipping (DG Shipping) has directed ports to ensure concessions for exporters with stranded cargo in the war-affected Persian Gulf region.According to a circular, “it has been observed that concessions granted by port authorities particularly relating to detention charges, ground rent, reefer plug-in (connected load), and similar terminal charges are not being uniformly passed on to the exporters”.The DG Ship…
Latest RELIEF scheme News & Updates
New Delhi, March 19 (IANS) The government on Thursday launched a new scheme called Resilience and Logistics Intervention for Export Facilitation (RELIEF) to help Indian exporters deal with disruptions caused by the ongoing crisis in West Asia, aiming to ensure smooth trade and protect the country’s market share.Commerce Secretary Rajesh Agrawal announced the RELIEF scheme, saying it is part of the government’s broader Export Promotion Mission.He described it as a carefully designed support p…
New Delhi, March 19 (IANS) The time-bound Rs 497 crore RELIEF (Resilience and Logistics Intervention for Export Facilitation) scheme under the Export Promotion Mission (EPM) will support Indian exporters affected by extraordinary freight escalation, heightened insurance premia and war-related export risks arising from disruptions in the Gulf and wider West Asia maritime corridor, the government said on Thursday.The scheme has been structured to provide support across the export cycle by covering…