In the year 2001-2002 exports of handicrafts, excluding carpets, in the year 2001-2002 have reached Rs.6769.50 crores. This amounts to an average growth of 15% per year for past 10 years.

The government is planning to lower the threshold limit from Rs 1,000 crore to Rs 250 crore in selecting `towns of export excellence', in an attempt to boost exports of certain goods with major stress on handloom and handicrafts. Added thrust will be for the cottage and handicrafts sector. The government is considering granting the benefits of export house status to export performance of Rs 5 crore in the preceding three licensing years from Rs 15 crore at present. In addition to this, the commerce ministry is also considering allowing merchant exporters to undertake duty free import of embellishments/ consumables.

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