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

No liquidity crisis in any segment barring gems & jewellery sector: Satish Marathe

Barring the gems and jewellery sector, there is no liquidity crisis for any segments in the economy, Satish Marathe, the government-nominee member on the central board of the Reserve Bank, said on November 29. He also said the spike in the cost of funds is due to an increased risk perception, and not due to … Read more No liquidity crisis in any segment barring gems & jewellery sector: Satish Marathe