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Trade gap hits 5-month high as exports drop 10% in May

While goods exports slipped 10.30% to $34.98 billion in May 2023 compared to $39 billion in May 2022, imports declined by 6.57% to $57.1 billion in May 2023 compared to $61.12 billion in the same month last year, driving the trade deficit to $22.12 billion, the highest in over five months.
Arun Kumar Garodia Sunil Barthwal Aditi Nayar Department For Promotion Of Industry Engineering Export Promotion Council Of India Head Research

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Food security: India's ₹1-trillion scheme to boost cooperative grain storage

The plan is to converge existing schemes of the ministry of agriculture and farmers welfare, ministry of consumer affairs, food and public distribution, and ministry of food processing industries, and to utilize the funds available under the schemes for this purpose.
New Delhi Anurag Singh Thakur Amit Shah Wiederaufbau Kf National Institute Of Urban Affairs Union Territories

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