Business Standard

Exports improving, contraction down to just 10-12 per cent: Piyush Goyal

Declining for the third straight month, India's exports dipped 36.47 per cent in May to $19.05 billion

export
Premium

The minister said that the focus is on sustainable growth and not on giving "handout" for exports.

Press Trust of India New Delhi
India's exports are showing signs of improvement as the contraction in outbound shipments in June so far has come down to about 10-12 per cent as compared with 60 per cent in April, Commerce and Industry Minister Piyush Goyal said on Monday.

Declining for the third straight month, India's exports dipped 36.47 per cent in May to $19.05 billion.

"Currently we are about 10-12 per cent down in June. So in a sense, we have reached up to 88-90 per cent of the level of exports that we had in June 2019 in the current month in the first two

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 22 2020 | 4:15 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com