Krishi VaartaThe Economic Times
Government Proposes Transport Subsidy to Support Agriculture Exports
In order to promote agricultural exports, the government proposes to offer transport subsidies to states, said Trade Minister Suresh Prabhu. At the meeting of the Council for Trade Development and Promotion, the issue of providing transport subsidies and various other issues were discussed.
Several representatives from Karnataka, Punjab and Tamil Nadu were present at the meeting. “We are considering to give transport subsidy to states. It is under active consideration to promote agriculture exports," Prabhu told reporters here.
With regard to credit issues faced by exporters, the Secretary of Financial Services would hold meetings with banks on this matter. Lending to exporters should be treated as a priority sector credit, as funding to exporters has decreased significantly in the recent past, Prabhu added.
Source - The Economic Times, January 10, 2019