{"id":17723,"date":"2013-05-07T12:58:18","date_gmt":"2013-05-07T07:28:18","guid":{"rendered":"http:\/\/vskills.in\/certification\/tutorial\/?p=17723"},"modified":"2024-04-12T14:15:12","modified_gmt":"2024-04-12T08:45:12","slug":"rendering-exports-price-competitive-2","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/rendering-exports-price-competitive-2\/","title":{"rendered":"Rendering exports price competitive"},"content":{"rendered":"\n

Go back to Tutorial<\/a><\/p>\n\n\n

The service status holders\u2019 shall be entitled to all the facilities provided in the policy.<\/p>\n

The pre-requisite of export promotion policy is to exports increasingly price competitive in the international market. A number of Price support measures in the form of fiscal as well as financial incentives have therefore been provided for the export sector in India.\u00a0 The need for price- support measures in the form of export incentives arise on two accounts.<\/p>\n

First, price levels in international markets are invariably the lowest, because of the high degree of competition therein.<\/p>\n

On the other hand, the Indian economy has over the years emerged as an economy with low productivity. Hence, for successful full and viable export effort there is the need for incentives to provide the price support for rendering India\u2019s exports competitive and viable.\u00a0 Secondly, incentives exports also become necessary to neutralize the domestic market -pull on Indian exporters.<\/p>\n

Hence, export incentives also aim at encouraging trade and industry in India to increasingly undertake export efforts on a sustained basis. Under the export promotion policy of India, various types of incentives have been provided for price support measures. These include<\/p>\n