Panel Set Up to Improve RELIEF Scheme for Exporters
The commerce ministry has formed a six-member committee to make better use of the RELIEF initiative for exporters. The scheme aims to ease the impact of rising freight costs and insurance premiums. The panel includes officials from several government departments.
Context
Context: Exporters have faced higher shipping and insurance costs in recent years, partly due to global trade disruptions, which squeeze margins for small and medium businesses. The commerce ministry runs trade support schemes to help them compete abroad.
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