Services panel charts roadmap to double exports in five years
The Hindu
Export promotion council seeks incentives for sector, parity with merchandise
The Services Export Promotion Council (SEPC) is preparing a roadmap to achieve doubling of services exports in the next five years, said Chairman Maneck E. Davar. Separately, the SEPC has urged the government to ensure that the new foreign trade policy, being formulated, also includes incentives for services exports by according parity to the sector with merchandise exports, he said. The current trade policy, whose validity was to have ended in March 2020, has been extended till September this year. The SEPC was established by the Ministry of Commerce and Industry in 2006 to cater to the interests of the services sector beyond IT/ITES which was mainly represented by Nasscom.
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