New Delhi, Feb. 19 -- A meeting of the Board of Trade (BoT) was convened by the Commerce Ministry last week in the national capital. It was attended by the Commerce Minister, top officials from several ministries, including Commerce, Finance and Agriculture and representatives of all major industry bodies, Export Promotion Councils and industrialists. In the meeting, several major concerns were raised by the exporting community, and it will be interesting to see what the Centre does to addresses challenges in the coming days.
Not surprisingly, the issue of decreasing flow of credit topped the list of concerns of the export sector representatives attending the BoT meeting. According to RBI data, export credit collapsed by 54.8% as of Decemb...