Exporters shouldn't rely much on subsidies from govt

The government has introduced the Agriculture Infrastructure and Development Cess that will be levied on select imported goods and petroleum products

Topics
exporters | Cess | Finance Ministry

TNC Rajagopalan 

TNC Rajagopalan

The finance minister has drawn a lot of praise for presenting a growth-oriented Budget that envisages greater role for the private sector and substantial investment in building infrastructure. The statement of intent and strategies to push through reforms and increase the growth rate have boosted sentiments around the economy.

The remarkable rally in the equity markets shows this. The government expects the Customs revenue at Rs 1.36 trillion in 2021-22 against a revised estimate (RE) of Rs 1.12 trillion in 2020-21 and actual revenue of Rs 1.09 trillion in 2019-20. This ...

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First Published: Sun, February 07 2021. 23:57 IST
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