Govt steps in to lower burden on exporters

Quick Summary:

Commerce Minister Piyush Goyal announced steps like acquiring vessels, waiving fees, and boosting container handling capacity.

Reacting to a steep fall in exports, the Indian government has implemented several measures aimed at easing shipping challenges.

The initiatives are designed to lower freight rates and expedite port processes for exporters.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaChinaLebanon

Topics: Shipping issues Business news Shipping Corporation of India Container handling fees Freight rates Digital payment Piyush Goyal Mundra to UK freight

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-20 @ 06:29:48 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22611124

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 28 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #28

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