# Centre may extend sops for exporters

> India's Commerce Ministry may extend incentives such as enhanced interest subsidies to agricultural exporters, including rice sellers, as part of the upcoming foreign trade policy review. Exporters say high working-capital costs under the new GST regime are hurting their competitiveness.

- Date: 2017-06-11 · published 2017-06-11T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/70443-centre-may-extend-sops-for-exporters
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower financing costs for exporters could boost Indian rice shipments if the subsidy is approved, but the policy is only under consideration.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-07-11 | [Centre raises buying price, rice exports set to fall from October](https://feedsoft.ai/events/63990-centre-raises-buying-price-rice-exports-set-to-fall-from-october.md) | +1.7% | -7.6% |
| RICE | 2023-11-01 | [India's smaller rice crop paves way for prolonged export curbs \| Reuters](https://feedsoft.ai/events/33134-india-s-smaller-rice-crop-paves-way-for-prolonged-export-curbs-reuters.md) | +1.2% | +8.0% |
| RICE | 2017-06-02 | [Basmati export benefits from ban on DA, exporters seek similar move for non-basmati - AgriMoon](https://feedsoft.ai/events/70440-basmati-export-benefits-from-ban-on-da-exporters-seek-similar-move-for-non.md) | +1.6% | +4.9% |
| RICE | 2024-03-26 | [India's rice exports at risk as exporters face huge tax demand-sources](https://feedsoft.ai/events/31138-india-s-rice-exports-at-risk-as-exporters-face-huge-tax-demand-sources.md) | -5.7% | +12.6% |
| RICE | 2022-08-27 | [Govt may curb export of rice to  maintain ‘food security’ \| India News](https://feedsoft.ai/events/39984-govt-may-curb-export-of-rice-to-maintain-food-security-india-news.md) | +0.4% | +0.2% |

## Sources

- thehindu.com: https://www.thehindu.com/business/Economy/centre-may-extend-sops-for-exporters/article18960997.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.