Best News Network

Exports target of $650 billion within this fiscal achievable: Goyal

Commerce and Industry Minister Piyush Goyal informed that during the current month till January 15, exports have touched $16 billion.

Assuring all support to the exporting community, Commerce and Industry Minister Piyush Goyal on Monday said the exports target of $650 billion for both goods and services within the current financial year is possible to achieve.

He informed that during the current month till January 15, exports have touched $16 billion.

He said this while chairing a review meeting of all major export promotion councils (EPCs) here.

“It is possible to achieve exports of USD 650 billion within the current financial year… The USD 400 billion target of merchandise exports is within sight and the services sector should strive for USD 250 billion exports,” he said.

He assured the EPCs that his ministry will do “whatever” it takes in hand holding them and resolving their issues to attain even higher export targets in the next fiscal (2022-23).

The minister also assured the industry representatives to pursue their demands during the various free trade agreement (FTA) negotiations.

“The government is willing to listen to new ideas, engage with industry at every level and work as an enabler, facilitator and partner,” he added.

India’s overall exports (merchandise and services) during April-December 2021 are estimated to be $479.07 billion, exhibiting a positive growth of 36.31% over the same period last year.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.