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Market News
Chhattisgarh explores export opportunity.
Mar 14, 2023
An Export outreach program was organized at Nava Raipur on Monday by the Directorate General of Foreign Trade, Government of India to explore the possibilities of export potentials in Chhattisgarh.
The exporters and investors participating in the programme discussed the action plan to enhance exports from the landlocked state. According to officials, vital information was also given about exportable products from Chhattisgarh and government facilities given to the exporters, who shared the loopholes and suggested for its redressal to surge shipping volume from the state.
Representatives of Shefexil, TREAC, ECGC, Industries Department, Minor Forest Produce Federation, APEDA, SIDBI as well as Bank of Baroda participated in the programme, conducted by the Directorate of Foreign Trade, Government of India.
Chhattisgarh’s Raipur and Durg districts are among the 75 districts in the country shortlisted for promoting exports.
Raipur Collector Dr Sarveshwar Bhure said that Chhattisgarh had been the main exporter of many products including rice. The state government has provided numerous facilities to the exporters to encourage exports from the state, he said. The government has made special provisions for exporters in the industrial policy ranging from exemption of five percent in ‘mandi’ fee along with formation of promotion committee, Bhure added.
Asserting that Chhattisgarh was rapidly moving towards developing as an export hub due to the industry friendly policies of the state government, the Raipur District Collector said due to the policies and facilities of the government, there has been an average increase of more than 22 percent in the exports from the state in the last five years. He also informed that special efforts are being made to promote the export of rice, construction machinery and materials and processed spices from Chhattisgarh.
Bhure stressed on the possibilities of the export of wire, rods, bars, coils, TMT bars, crude steel as well as forest produce like tamarind, mahua, lac and small grain millets like Kodo Kutki Ragi etc.
Officials said exporters and investors present in the program described Chhattisgarh as a state of immense potential from the point of view of exports. The exporters demanded to continue the exemption of 5 per cent in mandi fee notified to increase the export of rice. Presently, Chhattisgarh government is giving 5 percent exemption of market fee to rice exporters for one year.
The exporters demanded concession for transportation to the exporting units saying that Chhattisgarh is a landlocked state. Some exporter groups demanded government assistance for the modernization of processing plants.
newsriveting.com
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