The apex association of Indian exporters also said the country needs to inculcate a practice of supporting its business like China does and its recent ask of increasing incentives to exports from the government is not a dole.The Federation of Indian Export Organisations (FIEO) on Thursday said it is against a blanket ban on Chinese imports terming it infeasible as India imports many strategic items from its neighbour, and expressed fear of retaliatory action by China if goods of Chinese origin face additional inspection at Indian ports.
The association said that knee-jerk reactions will not help and the country can reduce the dependence on Chinese imports by developing an ecosystem for manufacturing.
While there has been no official instruction on 100% checking of consignments coming from China, Chennai and some other ports began closer scrutiny of Chinese imports a few days ago.
The apex association of Indian exporters also said the country needs to inculcate a practice of supporting its business like China does and its recent ask of increasing incentives to exports from the government is not a dole.
“This is the minimum we need to sustain. We are not asking for any dole. These are reimbursements,” said Sharad Kumar Saraf, president, FIEO at a virtual event.
His statement comes in the wake of commerce and industry minister Piyush Goyal saying that the focus of the government is on sustainable growth and not “handouts”.
Source: indiatimes.com
