By Admin 
Bitterness has dissolved in relations between India and America. US President Donald Trump has imposed 50 percent tariff on India, which has also started showing the effect. Tariff has had a direct impact on business. Now the central government can bring a special package to provide relief to exporters. After the GST rate cuts, the government can now give those exporters good news.
Many sectors of India have been affected due to tariffs. Along with textiles, jewelry and jewelery, more items were sent to America, but after tariffs, the speed of export has slowed down. According to a report by ‘India Today’, the government is preparing to bring a special package to help small and medium exporters. This will try to remove the problem of liquidity, as well as to reduce the burden on working capital.
Government wants to secure jobs
According to the report, the government wants that when exporters do not get the option of more markets, they should continue their production without any hassle. Along with this, the government wants to secure jobs through special package. Millions of people work in sector related to leather, footwear, chemicals, engineering products and agriculture. Economic security of all these is also necessary.
Relief can be found like package with Kovid-19
According to the report, this package during Kovid-19 Msme The sector can be like a relief package of Rs 20 lakh crore. The government supported industries during the Kovid-19 epidemic, now it is planning again. The government is also working on the Export Promotion Mission. It was announced during the budget.
Businessmen and common people get relief in GST
In the 56th meeting of GST Council, common people and small traders were given great relief. The government has now kept only two slabs in tax. At the same time, the rivers used everyday have been made tax free. It also includes bread, milk, cheese paratha and some medicines.