DGFT acts upon feedback received from the exporters

New Delhi, May 23 (KNN) Director General of Foreign Trade (DGFT) has acted upon the feedback received from the exporters from the five open houses in May this year. DGFT Anup Wadawan interacted with exporters at Delhi (May 5), Chennai (May 12), Jalandhar (May 19) & Ludhiana (May 20).

Federation of Indian Exporters Organisation said that the DGFT has acted upon the matters which the exporters had demanded.

Talking to KNN, the CEO and Director General of FIEO, Ajay Sahai said that they have proceeded for landing certificate dispenses, increased the coverage of MEIS, made changes in export house status and released the quarter in legal issues in incremental exports but the annual one is still pending.

FIEO President S C Ralhan recently said exports will move into positive territory from June onwards and the continuous downfall since December, 2014 will come to an end as exports data released for April, 2016, haves shown promising results. 

Ralhan said that the recent measures announced by DGFT like resolving landing certificate issue, etc. will make the things easy and add to the competitiveness while simultaneously reduce transaction cost.

The FIEO Chief urged upon the DGFT to address the problem of simultaneous availment of EPCG and SHIS which has landed many exporters into problem for no fault of their own besides considering release of the Target Plus benefits and Incremental Exports Incentivization benefit for 2013-14 at the earliest. Resolving the issue of separate MEIS application for exports made from each EDI Port is also equally important,Ralhan added. (KNN Bureau)