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Foreign trade data

Foreign trade data

INDIA’S FOREIGN TRADE: May2020 - Foreign trade policy

INDIA’S FOREIGN TRADE: May 2020 Part of: GS-III- Economic Data (PT-MAINS-PERSONALITY TEST) India’s overall exports (Merchandise and Services combined) in April-May2020-21* are estimated to be USD 61.57billion, exhibiting a negative growth of (-) 33.66 per cent over the same period last year. Overall imports in April-May 2020-21* are estimated to be USD 57.19 billion, exhibiting a negative growth of (-) 48.31per cent over the same period last year. The data for May 2020 is estimation, which will be revised based on RBI’s subsequent release MERCHANDISE TRADE EXPORTS (including re-exports) Exports inMay2020 were USD19.05billion, as compared to USD29.99billion in May 2019,…

16 June, 2020 Foreign trade data

Foreign Trade Policy 2015-2020 extended for 6 months till September 2021

Foreign Trade Policy 2015-2020 extended for 6 months till September 2021 The Union Commerce and Industry Ministry has announced changes in India’s Foreign Trade Policy (FTP). The Govt. has decided to continue relief under various export promotion schemes by granting an extension of the existing Policy. It provided a framework for increasing exports of goods and services as well as generation of employment and increasing value addition in the country, in keeping with the “Make in India” vision of Prime Minister. The focus of the new policy is to support both the manufacturing and services sectors, with a special emphasis…

16 June, 2020 Foreign trade data

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