Exports fall for sixth consecutive month
India's exports have declined due to rising corona infections. According to the data released by the government exports fell by 12.7 percent in August. India's exports slipped to $ 22.7 billion in August. This is the sixth consecutive month of decline in exports.
The decline in August was due to decrease in shipments of petroleum, leather, engineering goods, gems and jewellery etc. Apart from this, imports have also declined . Imports declined by about 26 percent in August.
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