To provide relief to exporters on account of trade disruptions arising due to global headwinds, more specifically tariffs, the Reserve Bank of India (RBI) on Friday announced a host of trade relief measures that could mitigate a part of the impact. The Reserve Bank has permitted exporters to bring proceeds of their shipments in 15 months as against the prevailing time- frame of nine months in view of stress being faced by them.
Exporters are facing issues due to a steep tariff imposed by the U.S. on Indian shipments since August. The U.S. imposed a steep 50% tariff on goods from India.
Foreign Exchange Management (Export of Goods & Services) Regulations. These regulations may be called the Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2025, a gazette notification dated November 13 by RBI regional director Rohit P. Das.
IAS-2026 - OPTIONAL / GEOGRAPHY / PUBLIC ADMINISTRATION / SOCIOLOGY / ANTHROPOLOGY / ORIENTATION ON 03 & 04-10-2025