New Delhi, Jan. 2 -- The Federation of Indian Micro and Small & Medium Enterprises (FISME) has asked the government to thoroughly review the role of Exim Bank and Export Promotion Councils (EPC), institutions which support exports.
In its recommendation note for the upcoming Union Budget, the industry body for MSMEs said, The role of export support institutions/EPCs/Exim Bank needs to be thoroughly reviewed in consultation with the beneficiary group to really help exporters in changed economic realities.
FISME also said that the export support establishments including EPCs and boards have abjectly failed in having a nuanced understanding of these emerging barriers and need complete overhaul .
According to the federation, a minimu...