Media reports say that exporters have expressed unhappiness over the Reserve Bank of India's September 21 monetary policy. They say that the hike in the repo rate by RBI came as a surprise, while not including exports under priority sector lending, as was widely expected, will adversely impact the growth of shipments from the country.    

Tirupur Exporters Association has said that the Increase in the repo rate was unexpected when everyone was expecting a positive announcement of reduction from the new governor. Exports can be boosted only by increasing the competiveness of our products in a way of reducing the interest rates, borrowed from the banks.    

The association also reiterated that a separate chapter for export sector in monetary policy is only way to protect the sector and urged the government to include the sectors under priority lending.    

Federation of Indian Export Organisations (FIEO) said, while referring to the recommendations made by Padmanabhan Committee of RBI, said it should be adopted to sustain the pace of growth in exports.