(a) whether the Government are aware of the fact that Indian silk exports are expected to fall far short of the $430 million target in 2001-02 fiscal;
(b) if so, the reasons therefore;
(c) whether the duty drawback issue has been resolved to the satisfaction of exporters; and
(d) if so, the positive impact on the exports of silk?
MINISTER OF STATE FOR TEXTILES (SHRI V. DHANANJAYA KUMAR)
(a)&(b) Against the target of US$ 430 million of silk goods exports for the year 2001-2002, silk goods amounting to US $ 308.32 million have been exported during April-November,01. Silk exports have shown a declining trend due mainly because of the recessionary trend in the international market.
(c)&(d) The Duty Drawback rates have been enhanced for silk garments under SS Nos. No.62.23 and 62.24 to Rs. 350 per sq. mtr. of silk fabric content. These enhanced rates would help the exporters of silk garments.