The
Opposition came down heavily on the government in the Lok Sabha
on Monday for failing to protect the interests of the country
at the recent round of WTO negotiations at Doha.
The
working group on textile industry, including jute, for the 10th
Plan has recommended that the government should follow the Chinese
example and allow a higher interest reimbursement at 8 per cent
for certain “critical” sectors against 5 per cent allowed under
the TUFS for achieving global competitiveness.
Mauritius
can be to India what Singapore and Hong Kong are to China,”
said minister of economic development, financial services and
corporate affairs, Mauritius, Sushil KC Khushiram, adding that
his island country could and should emerge as a major source
of non-resident funding for India.
