Shocking news given to the exporters by the central government.
An exporter is able to make very little profit for various export items.
In this case, the central government's export promotion schemes provide a meager income to the exporters.
Now, in a press release issued by the Union Minister, Mr. Piyush Goyal, he has announced that India's exports will be autonomous by 2030.
He has announced that the export will be done without any help from the central government to overcome the international competition.
With this announcement, it is clear that there will be no export promotion schemes after 2030.
It seems that exporters will have to forget central government subsidies in future.
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