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High Tax Rates, Interest Must be Addressed for Boosting Exports, Says Piyush Goyal

June 08, 2019

High Tax Rates, Interest Must be Addressed for Boosting Exports, Says Piyush Goyal

In light of poor economic growth of India that dropped to more than four-year low of 5.8% in the quarter ending March, trade minister Piyush Goyal said that manufacturers and exporters across the country are facing problems due to high tax and borrowing rates. He was speaking at the first meeting of government officials and exporters since the re-elected government took charge when he said that these issues must be addressed to prevent industry and exporters from getting hurt.

Photo credit: ÖsterreichischesAußenministeriumon VisualHunt.com / CC BY

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