India  

Exporters fret over dip in credit as costs soar

IndiaTimes Monday, 9 September 2024
Over the past two years, credit to exporters has decreased by 5%, despite economic growth. Priority sector lending for exports has fallen by 41%, leading the commerce department to engage with RBI and the finance ministry. Exporters face significant challenges due to high logistics costs and credit expenses, necessitating additional funding support.
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