
ICEA said discussions have been going around between the industry and the government for the past three months to replace the Merchandise Exports from India Scheme with a WTO-compliant scheme but the Director General of Foreign Trade surprisingly notified downward revision of the export incentive.
from Hardware-Tech-Economic Times https://economictimes.indiatimes.com/tech/hardware/reduction-of-handset-export-incentives-to-2-per-cent-will-lead-to-massive-job-losses-icea/articleshow/72496286.cms
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