Exports of petroleum-related products also grew at a higher rate of 7.8 per cent during 2019.
Pre-Budget inputs from EPCs were also taken so that they may be sent to the finance ministry
The commerce department clarified that the ECGC would cover not only outstanding principal of loans but also unpaid interest
Trade deficit hits a new low, but that's small consolation
Crude imports jump; exports in labour-intensive sectors decline
Imports rise 19.01% to $36.52 bn; trade deficit for Q1 doubles to $40 bn