India's $5B Plan to Boost Exports Amid US Tariffs
Update: 2025-11-12
Description
Indias cabinet approves a $5.1 billion package to support exporters, including a $20 billion credit guarantee program and $256 million for affordable trade finance. This move aims to counter the impact of recent US tariff hikes, which have significantly increased duties on various Indian goods, particularly affecting labor-intensive sectors like textiles, jewelry, and seafood, leading to job losses in key industrial regions.
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