New Delhi: Amidst the fear of next global recession and strict monetary policy of RBI, the Central government is all set to extend its helping hand to the country’s exporters.

In a meeting with all export related bodies on Friday, Union Commerce and Industry Minister Anand Sharma discussed over their problems and expressed concern over the rapid decline in demands for Indian products in international market.

As the Duty Entitlement Pass Book (DEPB) Scheme has been revoked from this month, Ministry of Commerce & Industry holds the view that incentive package should be offered to the exporters.

The ministry will hold a meeting with the representatives of Board of Trade to make some final decisions for providing incentive packages to the exporters.

In the meeting, the Ministry is likely to consider interest subsidy on loans and concession to some labour based industries like that of leather.

During the Friday’s meeting, Sharma assured to hold talks with the Finance Minister Pranab Mukherjee to sort out problems related to export.

(JPN/Bureau)