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Government reviews the export performance of the various sectors through consultation with the Export Promotion Councils (EPC) and the Trade & Industry on continuous basis and based on the suggestions so received, extends need based support measures from time to time as per the requirement and the revenue implications thereof. Based on the sectoral review conducted in December, 2009, Government extended additional support measures in January and March, 2010.
India's merchandise export figures for specified sectors for the period 2009-10 vis-à-vis 2008-09 in US dollar billion are given below:
Value in US $ Billion
Product Group | 2008-09 | 2009-10
|
Gems & Jewellery | 28.41 | 29.00 |
Leather & Leather Manufacturers | 3.49 | 3.28 |
Textiles | 18.15 | 18.26 |
As per the Quarterly quick Surveys conducted by the Labour Bureau under the Ministry of Labour & Employment, the employment for the exporting units has increased by 1.87 lakh during the period January to March, 2010 over October to December, 2009.
This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce & Industry, in a written reply in the Lok Sabha today.
Foreign Trade Policy export focus: continuous sectoral review and targeted support measures to strengthen export performance. The Foreign Trade Policy 2009-14 establishes an export growth objective and a framework of continuous review through consultations with Export Promotion Councils and industry; based on sectoral reviews, the Government implements targeted support measures. Sectoral export data for Gems & Jewellery, Leather, and Textiles for successive years are reported and Labour Bureau surveys show an increase in employment in exporting units, information provided in a ministerial written reply.Press 'Enter' after typing page number.