Global merchandise trade is expected to see a decline of anywhere between 13% to 32% in 2020.New Delhi: The department of commerce has asked home ministry to allow exporting units to restart work with partial workforce maintaining required precautions such as hygiene and social distancing.
Commerce secretary Anup Wadhawan has written to his counterpart in the home ministry as manufacturers are keen to resume exports especially to fulfil orders which are to be delivered by the end of the month, said officials who attended the virtual meeting that commerce and industry minister Piyush Goyal had with export promotion councils on Wednesday where the issue was discussed.
“The department has proposed that industry can begin exports with reduced labour force, but with prescribed precautions,” said an official, who was at the meeting.
Global merchandise trade is expected to see a decline of anywhere between 13% to 32% in 2020.
Source: indiatimes.com