Business

Budget may allocate Rs 4,500 crore to promote districts as export hubs for specific products

The boost to exports is being planned when the growth in the country’s outbound shipments were flat in November at $31.99 billion as against $31.8 billion a year ago. Initially, a pilot with 50 districts could be started, which would then be expanded to the 733 districts of the country. The districts will be assessed on parameters such as export plans and efforts to plug infrastructure and logistics gaps.

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