Press Esc to close

Exports seen growing at 15 pc in 2017-18: Jaitley

Press Trust of India, New Delhi, Feb 1 2018, 12:11 IST
Finance Minister Arun Jaitley, PTI file photo

Finance Minister Arun Jaitley, PTI file photo

Finance Minister Arun Jaitley today said the country's exports are likely to expand by about 15 per cent during the current fiscal.

"Our exports are expected to grow at about 15 per cent in 2017-18," he said while presenting Union Budget 2018-19 here.

The country's merchandise shipments rose 12.36 per cent to USD 27.03 billion in December 2017.

Cumulatively, exports during April-December 2017-18 grew by 12.05 per cent to USD 223.512 billion.

Total exports value was recorded at USD 274.64 billion in 2016-17, up from USD 262.29 billion in the preceding year.

Currently, the government provides export incentives through two schemes merchandise and services export from India scheme.

In December last year, the government announced incentives worth Rs 8,450 crore to boost exports of goods and services, mainly from labour-intensive sectors.

Go to Top

More from this section
Most trending stories
Photo Gallery
Bronze medalist in the women's 4 x 5km relay cross-country skiing the team from Russia...

Bronze medalist in the women's 4 x 5km relay cross-country skiing the team from Russia...

Canada's Prime Minister Justin Trudeau with his son Hadrien, 3, feeds an elephant during...

Canada's Prime Minister Justin Trudeau with his son Hadrien, 3, feeds an elephant during...

Bollywood actress and dancer Smilie Suri during the Pole Dance practice...

Bollywood actress and dancer Smilie Suri during the Pole Dance practice...

A child plays with soap bubbles at the Surajkund Mela in...

A child plays with soap bubbles at the Surajkund Mela in...

Potters sell their items at the Surajkund Mela in...

Potters sell their items at the Surajkund Mela in...

People in costumes join a parade to mark Chinese new year, the Year of the Dog...

People in costumes join a parade to mark Chinese new year, the Year of the Dog...

Protesters stand near billboards placed by the pressure group Occupy Justice...

Protesters stand near billboards placed by the pressure group Occupy Justice...

Actress Tamannaah Bhatia during a promotional event...

Actress Tamannaah Bhatia during a promotional event...

Girls take selfie near a classic car at the 8th edition of the 21 Gun Salute...

Girls take selfie near a classic car at the 8th edition of the 21 Gun Salute...

A man feeds langurs at Khandagiri in...

A man feeds langurs at Khandagiri in...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.