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Thursday August 27, 11:40 AM Reuters

Govt to continue sops for exporters - Anand Sharma

NEW DELHI (Reuters) - The government will continue a tax refund scheme for exporters until December 2010 while a duty-free export promotion scheme will be valid until March 2011, trade minister Anand Sharma said on Thursday.

India exports more than a half of its merchandise to the United States, Europe and Japan. Exports were down 31.3 percent in the quarter that ended in June 30 from a year earlier.

India's trade minister unveiled a new foreign trade policy on Thursday.

(For more news on Reuters Money click http://in.reuters.com/money)

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