December exports up at $14.6 billion
January 11th, 2010 - 1:59 pm ICT by IANS
Mumbai, Jan 11 (IANS) India’s exports were $14.6 billion (Rs.73,000 crore) in December, up from $13.2 billion (Rs.66,000 crore) the month before, union Minister for Commerce and Industry Anand Sharma said Monday.
“We have just got the December figures, they are positive, again there is growth,” Sharma said at a Bankers summit.
“But we cannot be complacent. It is against a low base. We have to look at the broader scenario,” he pointed out.
The minister further stated that the government would spend $1.5 trillion (Rs.1.5 lakh crore) on infrastructure over the next 10 years.
India’s exports rose 18.2 percent in November to $13.2 billion (Rs.66,000 crore), the first rise after 13 straight months of decline.
Sharma late last week met Finance Minister Pranab Mukherjee to push for stimulus for the exporters in the annual budget.
The commerce and industry ministry is expected to unveil its stimulus package soon to selected export sectors which have been suffering due to the global economic slowdown.
The official trade data for December is expected to be released on Feb 1.
- Decision on stimulus package for exporters this week - Feb 09, 2010
- Commerce ministry to offer Rs.450-500 cr to boost exports - Jan 12, 2010
- Commerce ministry offers Rs.450-500 cr to boost exports (Lead) - Jan 12, 2010
- Export growth sustainable in coming months: Minister - Dec 16, 2009
- Commerce minister pushing for stimulus for exporters - Jan 07, 2010
- Exports transaction cost to be cut by 40 percent - Aug 24, 2010
- India's exports rose 18.2 percent in November - Jan 01, 2010
- India's merchandise exports up 11.5 percent in January - Feb 11, 2010
- Govt announces Rs.1,050 crore sops for exporters (Lead) - Aug 23, 2010
- Survey favours cut in excise duties on exports - Feb 25, 2010
- Govt announces Rs.1,050 crore sops for exporters - Aug 23, 2010
- Anand Sharma offers more incentives for export of selected products - Jan 13, 2010
- India's exports rise 34.8 percent in February - Mar 31, 2010
- India's exports rise 11.5 percent in January - Mar 02, 2010
- Impact of recession on Indian industries is over: Anand Sharma - Feb 20, 2010
Tags: 10 years, anand sharma, budget, crore, decline, export sectors, finance minister, global economic slowdown, India, industry ministry, infrastructure, pranab mukherjee, rs 1, stimulus package, summit, trillion, union minister
