Reacting to the global trade development in the Economic Survey, which projects 4 percent growth in global trade in 2018, FIEO President GK Gupta said that such growth augur well for Indian exports as they have always been either above the curve or below the curve. Whenever, global trade has done well, Indian exports have posted much encouraging results.
However, the budget should look into the challenges faced by the export sector including loss of competitiveness of labour-intensive sectors, constant appreciation of Indian Rupee, less than flexible labour laws, need of skilling and improvement in logistics and infrastructure.
No comments:
Post a Comment