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15,621 units in 4 months: MSMEs reviving Kanpur's economy

15,621 units in 4 months: MSMEs reviving Kanpur's economy
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Declining exports: Commerce ministry to meet exporters on Monday

The commerce ministry has called a meeting of exporters on Monday to take stock of the situation, as the country s outbound shipments have been contracting for the last four months, an official said. Exports declined for the fourth-consecutive month by 10.3 per cent year-on-year to USD 34.98 billion in May, while the trade deficit widened to a five-month high of USD 22.12 billion, according to the ministry data.

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commerce industry | Commerce ministry calls meeting of exporters on Monday to take stock of situation as country's outbound shipments contract

Exports during April-May this fiscal contracted 11.41 per cent to $69.72 billion, while imports declined 10.24 per cent to $107 billion

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Union Minister Piyush Goyal To Meet Exporters Amidst Declining Exports

Union Minister Piyush Goyal To Meet Exporters Amidst Declining Exports
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Declining exports: Commerce ministry to meet exporters on Monday

The commerce ministry has called a meeting of exporters on Monday to take stock of the situation, as the country s outbound shipments have been contracting for the last four months, an official said. Exports declined for the fourth-consecutive month by 10.3 per cent year-on-year to USD 34.98 billion in May, while the trade deficit widened to a five-month high of USD 22.12 billion, according to the ministry data.

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