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US tariff: Provide two-yr moratorium for MSME, sops for exporters, Kamal Haasan tells govts
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....S tariff: Provide two-yr moratorium for MSME, sops for exporters, Kamal Haasan tells govts<BR>Customs & Trade<BR>Dated:- 28-8-2025<BR>PTI<BR>Chennai, Aug 28 (PTI) Makkal Needhi Maiam party founder Kamal Haasan has said that the US President Donald Trump government’s 50 per cent tariff on Indian exporters was a challenge to the sovereignty of Indian livelihoods and both the Centre and state gover....
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....nments should come forward to provide immediate relief to exporters. As an emergency breathing space, the governments could provide a two-year moratorium on MSME loan repayments, and a special emergency credit line. He suggested the governments to expand guarantee covers and restore low-interest export credit, and clear all pending GST, RODTEP, and RoSCTL refunds within strict deadlines; enhance ....
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....rates for the hardest-hit export lines. The Rajya Sabha MP said temporary power-tariff concessions, freight support to open new markets, and liberalised import norms for synthetic yarns could be provided and also a single-window fast track for export compliance and refunds. Further, the country should identify and facilitate entry into new global markets for affected sectors, he emphasised. "Le....
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....t us not treat this merely as crisis management. This must be our clarion call for a decade-long mission to secure India's place in the supply chains of tomorrow; rare earths, semiconductors, batteries, power electronics, and advanced textiles," Haasan said in a statement here on Wednesday night. Only then will India be beyond the reach of tariffs and threats from across the oceans, he added. "Th....
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....e 50 per cent US tariffs on our exporters is not about trade nor Ukraine. They are a political cudgel, aimed at shaking our resolve. When the sovereignty of Indian livelihoods is challenged, the nation must act together. I urge the Union and State governments to provide immediate relief," the MNM leader said. He said India’s resolve in ensuring energy security for the country and its proud citi....
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....zens carried no price tag. Tariffs on China came in whispers and half-measures, while on India they were wielded like hammer. "That is the lesson for India, which Gandhiji reminded us of at the stroke of the midnight hour, Atmanirbharta is not a slogan; it is strategic insurance," Haasan noted. He expressed solidarity with the exporters in Tiruppur, Surat, and Noida, shrimp farmers of Andhra Prad....
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....esh, gems and jewellery industry in Gujarat and Maharashtra; and steel workers, whom he said must not "bear the cost of geopolitical games." PTI JSP KH<BR> News - Press release - PIB....