Sunday 22 June 2014

Odisha Aims Rs 29K Cr Export Turnover In 10 Yrs

The draft export policy of the state government aims to achieve Rs 29,693 crore worth of exports in next ten years from Odisha, whose combined export turnover stood at Rs 11,448 crore in 2012-13.


Stating that the export scenario of the state is not very encouraging, the draft policy has projected at least 10 per cent year on year growth of exports.


The policy has identified six potential sectors for this purpose. These are-agriculture and forest products, handloom products, handicraft products, marine products, engineering and allied products and service exports.


The service sector include exports of computer software, tourism, medical services, education services, engineering consultancy and export management service. Metallurgical and mineral products have a lion's share in the export basket.


The draft paper has proposed to introduce "Green Cards (Exporters' Card)" for the exporters having good track records for early passage of their consignments at the check gates of the government on priority basis subject to the fulfilment of certain provisions. The Exporters Card would entitle the holder to minimum inspection and speedy clearance of all proposals by all departments of the state government.


For uninterrupted supply of raw materials to the exporting units, the Odisha Small Industries Corporation limited (OSIC), a state run PSU, will supply raw materials and fuel (such as coal etc) to them on priority basis. The new policy, which is likely to receive the nod of the state cabinet soon, proposes setting up of export parks for various products by making available all necessary infrastructure facilities at one place and for effective monitoring. In the first phase, such parks are proposed to be set up in Cuttack, Balasore, Berhampur and Sambalpur.


To educate the younger generation about the nitty-gritty of the international business, the draft policy promises introduction of Export-Import Management course covering all aspects of export business in the syllabus of all the universities in the state.


Source:- business-standard.com





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