NEW DELHI: India has appealed against a World Trade Organization (WTO)
dispute settlement panel's ruling that had recommended withdrawal of its
key export subsidy schemes, including the one for special economic
zones in the next 90-180 days.
On October 31, the WTO had ruled that export subsidy
programmes-Merchandise Exports from India Scheme (MEIS), Export Oriented
Units Scheme and sector specific schemes, including Electronics
Hardware Technology Parks Scheme and Bio-Technology Parks Scheme; Export
Promotion Capital Goods Scheme; and Duty-Free Imports for Exporters
Scheme- violated provisions of the trade body’s norms.
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