SME Times News Bureau | 10 Jan, 2019
Commerce Minister Suresh Prabhu on Thursday said the
government is planning transport subsidy to states in a bid to promote
agricultural exports.
Speaking after a meeting in New Delhi of the Council for Trade Development and
Promotion (CTDP), Prabhu said that this was among the various issues discussed
at the CTDP meeting.
"We are considering to give transport subsidy to states. It is under
active consideration to promote agriculture exports," Prabhu said.
Prabhu added that the Union Financial Services
Secretary would meet with banks on credit issues being faced by exporters.
"Lending to exporters should be treated as a priority sector credit as
funding to them has declined significantly in the recent past," he said.
Representatives from 10 states and union territories attended the meeting,
while Ministers from Arunachal Pradesh, Assam, Karnataka, Odisha, Tamil Nadu,
Punjab, Nagaland, Uttarakhand and Uttar Pradesh addressed the participants, a
Commerce Ministry release said.
