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No subsidy given for export of cow meat: govt tells Parliament

The central government today clarified in the Rajya Sabha that no subsidy is being provided for the export of cow meat.

India TV Politics Desk, New Delhi [ Published on: July 27, 2016 18:48 IST ]
Nirmala Sitharaman
Image Source : PTI Nirmala Sitharaman

 The central government today clarified in the Rajya Sabha that no subsidy is being provided for the export of cow meat.

"No," Commerce and Industry Minister Nirmala Sitharaman said in a written reply in the Rajya Sabha to a question whether any subsidy is being provided for export of cow meat.

"As per the existing foreign trade policy, export of beef (meat of cows, oxen and calf) is prohibited and not permitted to export," she said.

Replying to a separate query, she said the government has so far recognised 180 applicants who had submitted required documents as per the definition of a start-up.

A start-up is an entity, incorporated or registered in India not prior to five years, with annual turnover not exceeding Rs 25 crore in any preceding financial year, working towards innovation, development, deployment or commercialisation of new products, processes or services driven by technology or intellectual property.

(With PTI inputs)

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