Indian Government Offers Liquidity to Exporters Affected by U.S. Tariffs
• The Indian government has developed an action plan to respond to U.S. tariff escalation.
• The plan includes short-, medium-, and long-term measures to address short-term pain points and enhance long-term competitiveness.
• Short-term measures include providing immediate liquidity and compliance relief to exporters, assisting them in maintaining order levels and jobs in vulnerable sectors.
• The plan is based on guiding principles such as immediate relief, building supply chain resilience, leveraging trade agreements, and providing non-financial assistance.
• The government is considering steps to ease liquidity, prevent insolvencies, and allow exporters to sustain operations until new markets are tapped.
India Exporter Relief Measures is important topic for Civil service exam (WBCS).
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