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Modi 2.0: Credit access, easing costs remain on exports to-do list

India's exports had a disappointing start to FY20 as growth crashed to a four-month low

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Representative image | 2018-19 was first time that outbound trade went above $300 billion for two consecutive years

Subhayan Chakraborty New Delhi
Providing access to credit, easing costs and bridging the liquidity gap are expected to remain among the biggest worries for policymakers looking to boost exports in Prime Minister Narendra Modi’s second tenure.

Industry bodies and exporters are set to start meeting Commerce Department officials next week at a time the World Trade Organization (WTO) has dimmed its prospect for trade growth in the second quarter of the 2019 calendar year.

Pointing towards falling levels of growth in international air freight, automobile production, sales and trade in agriculture raw materials, the global body has sounded the alarm particularly for developing markets.