Effect of Economic Recession on Import-Export Trade.

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....ffect of Economic Recession on Import-Export Trade. <br>News and Press Release<br>Dated:- 8-8-2012<br><BR>Press Information Bureau Government of India Ministry of Commerce & Industry 08-August-2012 16:51 IST Effect of Economic Recession on Import-Export Trade Anticipating that the situation is likely to be adverse, Government had announced a package on 5th June, 2012. In addition a strategy....

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.... paper to double our exports by 2013-14 was released in May 2011. Earlier measures taken by the Government and RBI include the announcements made in the Budget 2009-10 and 2010-11; in the Foreign Trade Policy (FTP) 2009-14; thereafter in January / March 2010; in the Annual Supplement to FTP released on 23rd August, 2010; and in announcements made in February and October, 2011. To increase our shar....

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....e in various export markets and to diversify our market and products, incentives have been provided under schemes viz. Focus Product Scheme, Focus Market Scheme, Market linked Focus Product Scheme and Vishesh Krishi and Gram Udyog Yojana. INDIA's EXPORTS Figures are in billion US Dollar Sl. No. Commodities Groups 2010-11 2011-12 @ 2012-13 (April-June) @ 1 Engineering Goods 49.8 58.2 1....

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....4.7 2 Petroleum Products 41.5 55.6 12.9 3 Gems & Jewellery 40.5 47.0 10.1 5 Drug, Phrmcutes & Fine Chemls 10.7 13.2 3.4 4 RMG of all Textiles 11.6 13.7 3.2 6 Other Basic Chemicals 8.6 11.2 2.8 7 Electronic Goods 8.2 8.9 2.1 8 Cotton Yarn/Fabs./made-ups, Handloom Products etc. 6.1 7.4 1.5 11 Rice 2.5 4.9 1.5 9 Plastic & Linoleum 4.7 6.4 1.4 10 Man-made....

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.... Yarn/Fabs./made-ups etc. 4.3 5.1 1.2 12 Leather & leather manufactures 3.8 4.7 1.1 14 Mica, Coal & Other Ores, Minerals including processed minerals 3.9 3.7 1.0 13 Iron Ore 4.7 4.4 1.0 16 Spices 1.8 2.7 0.7 15 Marine Products 2.6 3.4 0.7 17 Oil Meals 2.4 2.4 0.6 18 Fruits & Vegetables 1.2 1.3 0.3 19 Coffee 0.7 1.0 0.3 21 Carpet 1.0 0.8 0.2 22 Toba....

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....cco 0.9 0.8 0.2 20 Cashew 0.6 0.9 0.2 23 Tea 0.7 0.9 0.1 24 Jute Mfg. including Floor Covering 0.5 0.5 0.1 25 Handicrafts excl. hand made carpet 0.3 0.2 0.02 26 Computer Software 0.1 0.1 0.01 Sub-Total 213.8 259.5 61.3 Total 251.1 304.6 75.2 Source : DGCI&S. @: Figures are provisional This information was given by the Minister of State of Commerce and Industry....

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...., Shri Jyotiraditya M. Scindia in a written reply in the Rajya Sabha today. DS/GK<BR> News - Press release - PIB....