Enhancing the scope of Export Credit Insurance Scheme (ESIC) by Export Credit Guarantee Corporation of India (ECGC) will help lower the overall export credit cost including interest rates particularly for micro, small and medium enterprises (MSME), said Sharad Kumar Saraf, President, FIEO. The initiative, which is part of the new scheme —  Nirvik announced by the Finance Minister Nirmala Sitharaman last week in order to boost exports by giving more credit access to exporters, will provide much-needed support to them for exporting to countries with little or more risks, according to Saraf.


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30th AGM Chairman's Report

Published:25 Oct 19

Annual report by Chairman, Mr. Rajiv Palicha

Due date for filing GST returns for FY 18 extended to Dec 31

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" Chilies were natives of the Americas. Brought down to India in ancient times, Indian cuisine embraced it and today Indian curries have no identity without them. "

" A knowledgeable use of spices and seasonings is what gives Indian Cuisine its uniqueness and excitement. "

" Paprika Oleoresin is used in chicken feed – Capsanthins and other natural pigments, impart a red tint to the egg yolk "

" Cardamom is known as the queen of spices, thanks to its sweet delicate flavor – Arabs love them in their coffee and Scandinavians in their pastries "