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Sunday, December 22, 2024 | 11:27 AM ISTEN Hindi

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Exporters shouldn't rely much on subsidies from govt

The government has introduced the Agriculture Infrastructure and Development Cess that will be levied on select imported goods and petroleum products

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TNC Rajagopalan
The finance minister has drawn a lot of praise for presenting a growth-oriented Budget that envisages greater role for the private sector and substantial investment in building infrastructure. 

The statement of intent and strategies to push through reforms and increase the growth rate have boosted sentiments around the economy. The remarkable rally in the equity markets shows this. 

The government expects the Customs revenue at Rs 1.36 trillion in 2021-22 against a revised estimate  (RE) of Rs 1.12 trillion in 2020-21 and actual revenue of Rs 1.09 trillion in 2019-20.  This represents a growth of about 21.6 per cent next year over
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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