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Transforming districts into export hubs
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Transforming districts into export hubs
NEW DELHI : Recently, the Reserve Bank of India reduced its benchmark policy rate, with the RBI Governor highlighting declining exports as a key area of concern. Over the past decade (FY15 to FY25), India’s merchandise exports have grown at a CAGR of just 3.4 per cent. Labour-intensive sectors such as textiles and apparel, gems and jewellery, leather products, and agricultural goods have expanded at an even slower pace of 2-2.5 per cent, while h…
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