Smart Business Seminar on How to Revive Stagnant Exports

Business Standard Smart Business

   The correction in dollar-rupee exchange rate is overdue as the Indian currency is highly overvalued in terms of Real Effective Exchange Rate (REER). This was stated by Rupa Rege Nitsure, Group Chief Economist, L& T Financial Services while addressing a panel discussion organised by Business Standard in association with the World Trade Center, Mumbai. The panel discussion was organised under BS Smart Business series on ‘How to revive stagnant exports.’
 

   Krishanlal Dhingra, Chairman (WR), Engineering Export Promotion Council said that to increase exports there was a need for refunding all taxes on exports and bring back Income Tax