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NEW DELHI, July 1 Asia Pulse - The Electronics and Computer Export Promotion Council has asked the government to continue the Duty Entitlement Passbook Scheme (DEPB) licence and fiscal incentives, as they existed in 2000, to sustain the growing exports from the country.
"Fiscal incentives are important to shore up the competitive edge of Indian products in the international market where margins are squeezed on account of fierce competition, hardening of rupee against dollar and cost cutting," ESC Chairman P K Sandell said.
In a pre-budget memorandum to Finance Minister P Chidambaram, ESC said any effort to do away with the incentives will impair the export ...
Source: HighBeam Research, INDIAN ELECTRONICS, COMPUTER EXPORT BODY WANTS GOVT HELP TO STAY.