In September
this year, the trade deficit figures have declined strongly . In
September, the country's trade deficit has fallen to 38 per cent to $
676 million .
Trade deficit in September was the lowest since March 2011 . The trade deficit in August was $ 1,091 million . In September 2012, the trade deficit was $ 1,715 million . On an annual basis from April to September during the trade deficit decreased from 9182 million to 8012 million .
Imported 18.1 per cent in September year- on -year basis to $ 3,444 million . The month -by-month basis, the import decreased from 3,705 million to $ 3,440 million . On an annual basis from April to September 5.14 per cent while exports reached 15 211 million .
Exports in September rose by 11.15 per cent on an annual basis to $ 2768 million . Month- on -month in September, exports increased from 2614 million to 2768 million . On an annual basis from April to September during the import has 1.8 per cent to $ 23 223 million .
On an annual basis in September, gold - silver $ 460 million , down from $ 80 million to import . On an annual basis from April to September , gold - silver imported 8.7 per cent to $ 2,310 million .
The secretary says that non-essential items go strictly on the import has helped to reduce the trade deficit . Engineering Export is showing up in the second month running . Agri , Chemical , Pharma and Textile Export performance has also been good . Gems and Jewellery Export to improve in the coming months is possible .
Prime Minister's Economic Advisory Council Chairman C Rangarajan said the current account deficit in fiscal year 2014 is less than $ 70 billion . Gold seems to be bearing down on import . The festive season may see an increase in the import of gold .
Exports Exports luxurious increasingly excited. Ajay Sahai , Director General of the Federation, the next will have up to 20 per cent of exports , but manufacturing is worrisome situation at the front .
Trade deficit in September was the lowest since March 2011 . The trade deficit in August was $ 1,091 million . In September 2012, the trade deficit was $ 1,715 million . On an annual basis from April to September during the trade deficit decreased from 9182 million to 8012 million .
Imported 18.1 per cent in September year- on -year basis to $ 3,444 million . The month -by-month basis, the import decreased from 3,705 million to $ 3,440 million . On an annual basis from April to September 5.14 per cent while exports reached 15 211 million .
Exports in September rose by 11.15 per cent on an annual basis to $ 2768 million . Month- on -month in September, exports increased from 2614 million to 2768 million . On an annual basis from April to September during the import has 1.8 per cent to $ 23 223 million .
On an annual basis in September, gold - silver $ 460 million , down from $ 80 million to import . On an annual basis from April to September , gold - silver imported 8.7 per cent to $ 2,310 million .
The secretary says that non-essential items go strictly on the import has helped to reduce the trade deficit . Engineering Export is showing up in the second month running . Agri , Chemical , Pharma and Textile Export performance has also been good . Gems and Jewellery Export to improve in the coming months is possible .
Prime Minister's Economic Advisory Council Chairman C Rangarajan said the current account deficit in fiscal year 2014 is less than $ 70 billion . Gold seems to be bearing down on import . The festive season may see an increase in the import of gold .
Exports Exports luxurious increasingly excited. Ajay Sahai , Director General of the Federation, the next will have up to 20 per cent of exports , but manufacturing is worrisome situation at the front .
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