The Hindu Business Line : Slow and unsteady

A container vessel laden with export containers at Kochi port. The country’s exports continued to slide for the eleventh month in a row, in August, though the pace of decline slowed to settle just under 20 per cent. According to provisional figures, exports account for about 15 per cent of the country’s GDP and the declining trend has cost jobs in labour-intensive export segments such as textiles, gem and jewellery, marine products, handicrafts and leather, say trade policy experts.

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