THE GOVERNMENT IS firming up a plan to avert the possibility of a big hit to India's exports from the continuing Red Sea crisis. "We will keep exploring options to prepare for the situation if it escalates," a senior official said on Saturday.
An inter-ministerial meeting will be held on January 17 to discuss the way forward, even though the current assessment is that the immediate impact of the situation on exports has not been much, he said.
Another official said that the government is also exploring alternative routes to the Red Sea if the situation escalates but the process is at a preliminary stage.
The commerce ministry has been talking to exporters in this regard for the last couple of weeks. "There was a fear for a few days after attacks on merchant ships in straits connecting the Red Sea to Suez Canal but after that things have settled down," the first official added.
هذه القصة مأخوذة من طبعة January 14, 2024 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة January 14, 2024 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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