Indian Council for Research on International Economic Relations - BENEFITS OF BBIN MOTOR

20.500.12592/tb2rhng

Indian Council for Research on International Economic Relations - BENEFITS OF BBIN MOTOR

15 Feb 2024

The paper suggests measures the NER states and the Centre can adopt to improve the export competitiveness of the region. [...] The paper maps the possible BBIN routes India’s Act East Policy and is a major step towards through the NER, highlights the possible benefits of integrating the entire BBIN region and also provides the MVA and examines how export competitiveness an opportunity to integrate the Northeast Region of products in the NER can be improved. [...] The In the manufacturing sector, refined petroleum economy is largely agrarian, with around 40.6% per is the largest industry accounting for 34% of the cent of the population engaged in agriculture for manufacturing output in the Northeast region in livelihood in 2020-21. [...] The bill of lading has details of the shipper, name of the port of loading, port of discharge and place of delivery, number of containers and packages, description of goods in terms of quantity and gross weight. [...] Under Under the BBIN route, exports through Kolkata port the BBIN MVA the cost of transporting machinery would result in cost and time reduction of 50% and and other inputs from Kolkata is likely to reduce 71.5%, respectively compared to the existing route by 40% and the time by 63% through the Kolkata- through Siliguri while for exports through Chittagong Dhaka route.
Pages
36
Published in
India