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New FTP to be unveiled tomorrow; sops for exporters likely

The FTP, which is being announced at a time when India's exports are declining, may extend interest subsidy scheme and other incentives for labour intensive sectors such as leather and handicrafts.

Exports up 6.9% in Mar; declines 1.7% in 2012-13

Exports in March stood at USD 30.8 billion compared to USD 28.8 billion in the same month of previous year.

Govt likely to announce sops for exporters, SEZ Thursday

Faced with declining exports and widening current account deficit, the government is likely to announce Wednesday a host of incentives for sectors like engineering and textiles to boost shipments amid global demand slowdown.

Govt announces sops for exporters

The government on Wednesday announced additional incentives for exporters, hit hard by the global slowdown, that includes extension of two percent interest subsidy for one more year till March 2014.