The cumulative export for FY14, is likely to miss the Interim Budget export estimate of USD 326 billion-CCIL

With a plunge in the exports in the month of February 2014, the country's cumulative export for the fiscal of 2013-14, is likely to miss the Interim Budget export estimate of USD 326 billion. On a positive note however, the drop in non-oil imports have further abetted the easing of the country's trade gap. Hence the trade deficit is expected to remain below the USD 10 billion mark.

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