Mumbai, Nov. 17 -- The Reserve Bank of India, on Friday announced the following measures with a view to mitigate the impact of trade disruptions on exports arising on account of global headwinds. RBI has permitted exporters to bring proceeds of their shipments in 15 months as against the prevailing timeframe of 9 months in view of stress being faced by them. Exporters are facing issues due to a steep tariff imposed by the US on Indian shipments since August. The US imposed a steep 50 per cent tariff on goods from India, which took effect on August 27. Currently, the value of goods or software exports made by exporters is required to be realised fully and repatriated to the country within a period of nine months from the date of export.

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