Letters: Easier export financing

EPCs and Commodity Boards in collaboration with banks, lending institutions should get bulk finance

The editorial, “Strong rupee, weak exporters” (August 23) points out the woes of the labour-intensive textiles and leather sector caused by rupee appreciation and declining profit margins and export strength.
 
It is impossible to correct the situation through exports unless the government devises initiatives to lessen the burden on exporters and help raise their profit margins. At the same time export prices should remain competitive with those of currency-depreciated countries such as Bangladesh, Vietnam and Indonesia.
 
There is still a yawning gap between what is said and what is done. Efforts to push exports have been one-sided so