Exports through E-commerce incentivized – limit enhanced

Export Promotion Council for Handicrafts has been constantly taking up the issues pertaining to the handicrafts sector with appropriate authorities.

Shri O. P. Prahladka, Chairman – EPCH said that one such issue which was persued was enhancing the limit for MEIS benefit for exports through courier or foreign post offices using e-commerce. The earlier limit of such export was Rs. 25,000/- per consignment which has now been enhanced to Rs. 5 lakhs per consignment for entitlement for rewards under MEIS Scheme.

Shri Rakesh Kumar, Executive Director said that this enhancement will not only boost the digitalisation initiative of the Govt. of India but also encourage exporters to adopt technology for exports. With the enhancement of the limit, the handicrafts exporters who are doing business through e-commerce will be benefited and many more will be encouraged to follow them.

The exports of handicrafts during the latest period April- June 2018-19 have registered a growth of 3.52% in Rupee terms and stands at Rs. 5797 crores. However, in dollar terms there is a marginal decline (-) 0.39% with exports of US $ 865 million.

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