JK lagging behind in export sector

JK lagging behind in export sector

In a bid to help improve exports from the state, Handicraft department has decided to encourage the investors towards the export sector.

In what may help Jammu and Kashmir improve its export volume, the authorities here have announced single window clearance for grant of handicraft export memberships and registrations.

 

As per Directorate General of Foreign Trade, exports from Jammu and Kashmir constitute only 0.1 per cent of the the total exports from India. 

 

In a bid to help improve exports from the state, Handicraft department has decided to encourage the investors towards the export sector.

 

Talking to Greater Kashmir, Director Handicrafts, Tariq Ganai said the department is working hard to encourage and make people aware about the benefits and different schemes introduced by the government of India for promotion of export sector.

 “We have decided to provide Export Registration cum membership certificates (RCMC) to intending exporters within a day to facilitate and encourage people who want to venture into the export business,” Ganai said, adding that JK is the only state which has the authority to issue RCMCs to handicraft exporters.

 

“In other states, handicraft exporters have to seek the membership and registration from Handicraft Export Promotion Council. But in J&K, Handicraft department is authorized to issue these certificates,” he said.

 “The intending exporters to avail the benefits from export schemes are required to possess these certificates,” Ganai said, adding that there is misconception among exporters that only Export Promotion Council can issues RCMCs.

“In fact we are fortunate that our exporters can get these certificates in the respective places without having to travel to Delhi,” Ganai said.

 

“Handicraft is one of the primary contributors to the export sector in the state. But not many people are affiliated with export trade, and it is observed that majority of the local exporters are not availing benefits under various schemes due to lack of awareness,” he said.

 

To mention, India has overall export volume of Rs 18 lakh crore, out of which JK’s share is a paltry Rs 2,000 crore.

 

President, KCCI, Sheikh Ashiq acknowledged that need for having in place investor friendly policy to boost export sector.

 

“It is good that Handicraft department has initiated single window clearance for issuing export registration and membership certificates,” Ashiq said, adding that apart from wooing people towards export sector, there is dire need of framing policy for protecting the interest of exporters.