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Budget 2022: SEZ Act getting ready for a makeover : Rashtra News #Budget #SEZ #Act #ready #makeover The government has begun work to replace the Special Economic Zones (SEZ) Act with a new legislation that will cover industrial enclaves and revive these zones as engines of growth. The ministries of commerce and industry and finance
China share in total imports rose from 70% in Aug-Oct to 87.5% in Nov-Jan.
Even before the crisis, India's exporters very thin profit margins were between 3% to 7%
Shipping a container to Britain now costs around $4,000 against the previous total of $600
Small firms export 40% of India's merchandise exports and re-routing of ships has squeezed already thin margins.