HOME | BUSINESS | BUDGET 99 | CHAT TRANSCRIPT |
February 27, 1999
BUDGET 1999-2000
|
'The Budget should have given tea producers the freedom to export'Piyush O Desai The prime minister's visit to Pakistan raised hopes of stepping up tea exports to Pakistan from one million kg to more than ten million kg. The Budget has nothing in it. India is to open up its market by 2003 in the WTO regime. We might as well gradually open up from now itself. The SAARC Free Trade Agreement is good. In the context of the Budget, the scene is still not clear. I feel the Budget should have enabled tea producers the freedom to export wherever the demand is. The 8 per cent excise duty on packaged tea has not been removed. This will hurt the domestic industry. The excise duty on packaged duty will help the MNCs. Piyush O Desai, chairman, Federation of All India Tea Traders Association |
Tell us what you think of this Budget report | |
HOME |
NEWS |
BUSINESS |
SPORTS |
MOVIES |
CHAT |
INFOTECH |
TRAVEL
BOOK SHOP | MUSIC SHOP | HOTEL RESERVATIONS | WORLD CUP 99 EDUCATION | PERSONAL HOMEPAGES | FREE EMAIL | FEEDBACK |