Role of Indian Government and other Agencies for Export
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In recent times, the Indian government has done a lot for promotion of exports of floriculture products. The Government has identified floriculture industry as thrust focus area for export.
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The import duty on seeds, bulbs, cuttings etc. has reduced to zero and that to on goods for green house items, seed development machinery has been brought down to 25%.
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Income tax and other tax concessions have been granted to new floriculture exporting companies.
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Subsidy of freight charges equal to 25 % of IATA approved rates i.e., Rs. 10 per kg Europe and United States and Rs.6 per kg for South East Asia and Middle East.
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The eighth five year plan also contains a provision of Rs. 320 million to boost horticulture and floriculture.
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Reduction in the tariff from 55 to 10 % on import of live plants and other plant bulbs, root, cut flowers and other ornamental foliage.
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The import of flower seeds and tissue culture material of any plant origin is now allowed without an import permit.
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The Agricultural and Processed Food Product Export Development Authority (APEDA) and National Horticulture Board (NHB) have also helped for export promotion.
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Last modified: Thursday, 7 June 2012, 4:43 PM