Apparel exporters facing liquidity crunch as refunds get delayed: FIEO President

Apparel and made-ups exporters are facing “acute” liquidity problem as huge amount of their funds are blocked under a rebate scheme for State levies and an export incentive programme, an exporters’ body flagged on Monday. The Federation of Indian Export Organisations (FIEO) said that around ₹6,000 crore of duty refund claims have not been disbursed under … Read more Apparel exporters facing liquidity crunch as refunds get delayed: FIEO President