The Indian government is planning to introduce a special relief package for exporters affected by tariffs imposed by the US administration. Following recent GST relief for consumers, the government is now focusing on supporting sectors such as textiles, gems and jewellery, and leather, which have been impacted by the tariffs. Government representatives are in discussions with these industries to assess the situation and formulate a response. The planned measures are expected to be similar to the special package announced during the COVID period to provide financial support. A statement from Commerce Minister Piyush Goyal indicated that diplomatic talks with the US are ongoing, and that there could be "some sort of substantial development taking place as far as tariff war is concerned" by the end of November. #indiatoday #ustariffs #tradewar #itwebvideos #exporters #modigovt #indianeconomy #piyushgoyal #makeinindia #exportscheme #tradetalks #businessnews #economy #foreignpolicy #textiles #gemsandjewellery
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