Export Illusion
China’s latest economic numbers expose a contradiction that has been building for years.
China’s latest economic numbers expose a contradiction that has been building for years.
In a push to invigorate the blue economy and transform Odisha into a leading shrimp-producing and exporting hub, the State Cabinet on Wednesday approved a comprehensive regulatory framework and operational guidelines for shrimp aquaculture, targeting a threefold increase in seafood exports to Rs 15,000 crore by 2036.
India’s relationship with fibre is civilisational, 5,000 years deep, woven into our villages, our traditions, and our collective identity. From the legendary muslins of Mohenjodaro, celebrated as “woven air”, to the craftsmanship that travelled across continents, fibre has always been the lifeblood of our rural economy.
The big news from Tokyo is that the Japanese Diet on 21 April sharply eased its arms export rules, allowing in principle the overseas transfer of finished defence equipment, including lethal weapons.
The landmark decision aims to provide a level playing field for exporters using the postal channel and to foster a more inclusive ecosystem for cross-border e-commerce.
In a bid to connect rural horticulture with market mechanisms, a block-level conference was held in Patamda, East Singhbhum, to explore opportunities for integrating mango cultivation under the Birsa Harit Gram Yojana with structured market channels.
India's exports declined for the fourth month in a row in February to USD 36.91 billion due to volatility in petroleum prices and global uncertainties, data from the Commerce ministry said. The country's exports stood at USD 41.41 billion in the same month a year ago.
India's trade deficit decreased to $21.94 billion in December, driven by an increase in exports and a decline in imports on a sequential basis. In November, the trade deficit stood at $32.84 billion.
India's tobacco exports surpassed Rs.12005.89 crore during 2023-24. Tobacco farmers' income has also doubled over the last five years, the Ministry of Commerce said on Wednesday.
India has strengthened its leadership in the export of labour-intensive agricultural and allied products while expanding into new areas such as electronics goods.
