ForumIAS LATEST
- SFG FRC 2027 | Program starts from 19th Dec. 2026 | Admissions open for Entrance Test Click Here to know more →
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →
‘Centre planning strategy to boost services exports’
Context
The government is formulating a new strategy to boost services exports by identifying new markets such as Latin America as well as services, including healthcare and financial services, which have tremendous potential in terms of exports and job creation, according to Commerce Minister Suresh Prabhu.
Backdrop
The Services Conclave, organised by CII in cooperation with the Commerce Ministry and Services Export Promotion Council
Healthcare among sectors with huge job potential: Prabhu
- With manufacturing becoming increasingly automated, services would contribute more to employment generation
- The Commerce Ministry, along with the EXIM Bank, was working on a strategy to define each market along with the kind of products that could be exported.
