Government to offer quick liquidity to tariff-hit exporters

 

Government to offer quick liquidity to tariff-hit exporters

According to sources, the short-term measures include providing immediate liquidity and compliance relief to exporters and helping them maintain order levels and employment in vulnerable sectors The Government has come up with an “action plan” to respond to the tariff escalation by the U.S., which includes short-, medium-, and long-term measures aimed at not only addressing the short-term pain points, but also increasing long-term competitiveness, According to sources, the short-term measures include providing immediate liquidity and compliance relief to exporters and helping them maintain order levels and employment in vulnerable sectors. the liquidity crunch is a major concern for exporters as they have already bought the stock that they would have exported to the U.S. under normal circumstances. A critical risk is a drop in order levels, particularly in SEZ-based units which contribute significantly to labour-intensive exports

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