New Delhi: As India reels under the pressure of the high tariffs imposed on the Indian products enetring the United States, the Modi government on Wednesday approved the Export Promotion Mission to strengthen India’s export ecosystem with an outlay of Rs 25,060 crore.
The Union Cabinet headed by Prime Minister Narendra Modi’s decision comes at a time when the tariffs levied by the Donald Trump administration resulted in a decline of 12 per cent of the shipments to the US in September. Engineering goods exports from India to the US have suffered a lot. Washington imposed 50 percent tariffs on Indian goods from August 27, 2205. Imprtantly, at present the tariffs on India are the highest globally.
India’s Export Promotion Mission
The Export Promotion Mission (EPM) was given the green sign

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