Finance & Economy

No New Incentive Plan For Services Exports Under FTP

Published: March 28, 2023
Author: DIGITAL MEDIA EXECUTIVE

According to Sunil H Talati, chairman of the Services Export Promotion Council, “the government believes that all service industries are self-sufficient and can generate healthy foreign exchange (forex) profits without the need for incentives.”

Why should the services sector be ignored if the government is providing production-linked incentive schemes to other production sectors? The market is competitive on a global scale when it comes to the manufacture of goods. Numerous countries are competing with India.

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