NEW DELHI: Commerce and Industry Minister Suresh Prabhu has said that chemical exports from India will get a boost if more such products get subsidy and the process of environmental clearances become faster. “There is also a need for the removal of pre-import condition for advance authorization (with prospective effect)”, the Commerce and Industry Ministry said in a release.

Prabhu, said that additional Merchandise Exports from India Scheme (MEIS) support for specific commodities for specific markets due to disadvantage arising out of other Countries free trade agreements also needs to be addressed.

 

POSTED BY Daily Shipping News.