Discussing with banks to provide foreign currency loans to exporters: Goyal
Commerce and Industry Minister Piyush Goyal Friday said the ministry is in dialogue with banks to see ways to extend foreign currency loans to exporters.Addressing members of the CII here, he said there are ways to resolve the problem of inadequate and expensive credit without putting a significant stress to the exchequer.He said providing subsidies is not a solution to any trade-related issues.”I would like to articulate a possible alternate scenario to all to consider and see whether that is better. If instead of that (subsidies and interest subvention), we…
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