Related Keywords: abolishing export sops, allowed by the WTO, beyond next year, coming up with a deadline, direct subsidy schemes, examining alternative schemes, Indian Commerce and Textile Ministries, Indian textile and clothing exporters, quality upgradation and subsidising capital expenditure, replace with indirect, wean off exporters, World Trade Organisation
With the World Trade Organisation (WTO) coming up with a deadline for abolishing export sops beyond next year for Indian textile and clothing exporters. The Indian Commerce and Textile Ministries has started examining alternative schemes that are allowed by the WTO such as ones for quality upgradation and subsidising capital expenditure to wean off exporters from direct subsidy schemes and replace them with indirect benefits.
