New Delhi, March 12 -- As if the uncertainty surrounding the US tariffs on our products was not enough, the recent war in the Middle East has come as a bolt from the blue for our MSME community, especially for our exporters. India exports numerous products to the Gulf nations, including agro products. With no consignment going there, these perishable products are incurring heavy losses to our MSME exporters.
No doubt, the government's move to offer insurance support to exporters, along with the new Custom norms for consignments returning to India to help them deal with the ongoing Middle East crisis, comes as a sigh of relief to the export community during these turbulent times. However the losses are unbearably high and may take several e...