India needs strategy to cope with falling exports

UPSC Practice recommends India needs strategy to cope with falling exports.

The 16.65% decline in exports during October was broad-based, with only electronic goods, rice, tea, oil seeds, oil meals and tobacco posting growth. Value-added and employment-generating segments like engineering goods, pharmaceuticals, petroleum products and textiles were among the 24 of 30 principal export items that contracted.

Courtesy: ET Editorial-Opinion-Economic Times

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