(a) whether the Government have announced incentives in the duty drawback schemes to give boost to the sagging exports;
(b) if so, the details thereof; and
(c) the details of the items that will be benefited by these incentives.
(a) whether the Government have announced incentives in the duty drawback schemes to give boost to the sagging exports;
(b) if so, the details thereof; and
(c) the details of the items that will be benefited by these incentives.
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI GINGEE N. RAMACHANDRAN)
(a), (b) & (c): Yes, Sir. Government have reviewed and revised duty drawback rates in respect of more than 300 export products throught Notification No. 50/2001-Customs (N.T.) dated 4th October, 2001. This will benefit the dyes and chemicals, textiles, including woollens and handlooms, brass artwares/hardwares, leather footwear/footwear uppers, engineering goods including bicycle parts, electronics, and other miscellaneous articles including writing instruments.