Apparel Export Promotion Council (AEPC) has lauded the government and exporters for achieving the highest ever merchandise exports of $95 billion in Q1 (April-June quarter) FY 2021-22. As per recent reports, the export of cotton yarn/ fabrics/made-ups grew by 50.86 per cent in June 2021 over June 2019.

Dr A Sakthivel, Chairman, AEPC said, the $400 billion merchandise export target of FY22 is doable.

However, apparel exports could not benefit much from the resurgence in global demand despite a good order book due to lock-downs in many important states, Sakthivel added. He said while overall global demand has remained buoyant, the lock-downs in different parts of the country had kept factories in a partial shutdown.

With decline in daily cases of infection and resumption of economic activities, India is now set to achieve unprecedented export figures this year, he said. 

Watch: https://www.youtube.com/watch?v=KOcERGKODhQ

Dr A Sakthivel, Chairman, AEPC requested & appealed the government to ensure personalized management of MSME exports and early clearance of Rebate of State and Central Taxes and Levies (RoSTCL) cases pending since January 2021.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

GST  (Goods & Services) there are issues which still that bog & disrupt several industrial sectors in India. In some sense it is still work in progress.

But Unquestionably gst still remains post independence India's the boldest reform. 

A quick low down on the GST journey now that it has covered 4 years yesterday.

 Watch: https://www.youtube.com/watch?v=r5Ld6110rPM

Beneficiary Segments: Textile, Garment & footwear sectors in more than one ways.

Hits & Misses

Upside:

• GST reduced compliance burden unambiguously
• GST reduced input costs of the garment industry by subsuming complicated taxes
• What it has facilitated is such as streamlining payments, minimising multiplicity in taxes, reducing/ doing away with overlap & easing documentation resulting in targeted record keeping
• It has also resulted in integration of manufacturing activities in the units and across units in this fragmented sector

Downside:

What it is not as demanded that all indirect taxes must be brought under GST, so that exporters only need to claim a refund of the input taxes paid, making the system more efficient than separate reimbursement schemes

Issues that need redressal :

Reduction of GST slabs,

Inverted duty structure etc.

As per AEPC (APPAREL EXPORT PROMOTION COUNCIL),Chairman Dr A Sakthivel,"Though GST initially posed a lot of problems, over time GST has achieved it objective"

 

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

The Federation of Indian Export Organisations (FIEO) will focus & exhort its worthy members for persuing seriously the export promotion side of business, as the government aims to targets lofty $ 400 billion worth exports during the FY21, alluded A. Sakthivel, who assumed office as chairman of FIEO on Monday. The target is doable asserts new incumbant with the concerted efforts of the government and the industry.

Watch: https://www.youtube.com/watch?v=l3KF2NZTR5c

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Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.