Suresh Prabhu says govt considering transport subsidy to states for promoting agriculture exports

New Delhi: The government is considering providing a transport subsidy to states for promoting agriculture exports, Commerce Minister Suresh Prabhu said on Thursday. The issue of providing transport subsidy along with various other matters were discussed at the meeting of the Council for Trade Development and Promotion here, he added. [caption id=“attachment_5445831” align=“alignleft” width=“380”] File image of Union minister Suresh Prabhu. AFP[/caption] Representatives from several states including that of Karnataka, Punjab, and Tamil Nadu participated in the meeting. “We are considering to give transport subsidy to states. It is under active consideration to promote agriculture exports,” Prabhu told reporters here. On credit issues being faced by exporters, he said, the financial services secretary would hold meeting with banks on the matter. Lending to exporters should be treated as a priority sector credit as funding to them has declined significantly in the recent past, Prabhu added. On trade with Iran, the minister said, “we have decided that without violating any international law we would work with Iran”. There was significant progress in the trade ties between India and China, he added.     To keep watching India’s No. 1 English Business News Channel – CNBC-TV18, call your Cable or DTH Operator and ask for the Colors Family Pack (inclusive of 24 channels), available for Rs. 35/- per month, or subscribe to the channel for Rs. 4/- per day. To keep watching the Leader in Global Market & Business News – CNBC-TV18 Prime HD, call your Cable or DTH Operator and ask for the Colors Family HD Pack (inclusive of 25 channels), available for Rs. 50/- per month, or subscribe to the channel for Rs. 1/- per day.