#MintPlainFacts | As global growth began slowing last year, #India's exports growth — a silver lining during the pandemic-hit years — began decelerating sharply.
(@_pragyaa reports)
Read here: livemint.com
(@_pragyaa reports)
Read here: livemint.com
#MintPlainFacts | In 2021-22, when overall exports grew 45%, the growth in labour-intensive industries was 36%.
Read here: livemint.com
Read here: livemint.com
#MintPlainFacts | According to a report by Crisil, labour-intensive industries could end up bearing a greater brunt of the global deceleration due to high export dependence on the #US and #EU.
Read here: livemint.com
Read here: livemint.com
#MintPlainFacts | A lack of impetus in this year's Budget raises questions on whether the PLI scheme can still achieve its intended objectives.
Read here: livemint.com
Read here: livemint.com
#MintPlainFacts | The government made significant cuts in allocation for several PLI sectors for 2023-24, suggesting an anticipation of slowdown.
Read here: livemint.com
Read here: livemint.com
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