{"id":35128,"date":"2018-10-31T15:23:05","date_gmt":"2018-10-31T09:53:05","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=35128"},"modified":"2018-10-31T15:23:05","modified_gmt":"2018-10-31T09:53:05","slug":"exports-climb-10-3-reversing-5-month-slowdown","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/exports-climb-10-3-reversing-5-month-slowdown\/","title":{"rendered":"Exports climb 10.3% reversing 5-month slowdown :\u00a0"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/business\/exports-climb-103-reversing-5-month-slowdown\/article19694198.ece\"><span style=\"font-weight: 400;\">Exports climb 10.3% reversing 5-month slowdown<\/span><\/a><span style=\"font-weight: 400;\"> :\u00a0<\/span><\/p>\n<p><b>Context:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Ways to a sustainable growth of Indian export<\/span><\/li>\n<\/ul>\n<p><b>Introduction:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India\u2019s merchandise exports grew 10.3% year-on-year to $23.8 billion in August, reversing a declining trend witnessed for five straight months.<\/span><\/li>\n<\/ul>\n<p><b>What has caused the growth?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The growth was driven mainly by engineering goods, petroleum products and chemicals<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Improvement in demand in overseas markets.<\/span><\/li>\n<\/ul>\n<p><b>What are the factors of worry?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The order booking position from October was not encouraging due to <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Rising global uncertainties<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Volatility of rupee<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Challenges on the domestic front that is Goods and Services Tax (GST)<\/span><\/li>\n<\/ul>\n<p><b>Why has GST become a road-blocker?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Blockage of funds under GST has resulted in least or no working capital<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There are uncertainties on refunds to be made in the coming months<\/span><\/li>\n<\/ul>\n<p><b>What can bring competitiveness to Indian exports?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">In-depth sectoral analysis to pinpoint factors responsible &#8211; small and micro exporters<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Problems arising out of the GST regime implementation are addressed<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Exports climb 10.3% reversing 5-month slowdown :\u00a0 Context: Ways to a sustainable growth of Indian export Introduction: India\u2019s merchandise exports grew 10.3% year-on-year to $23.8 billion in August, reversing a declining trend witnessed for five straight months. What has caused the growth? The growth was driven mainly by engineering goods, petroleum products and chemicals Improvement&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/exports-climb-10-3-reversing-5-month-slowdown\/\">Continue reading <span class=\"screen-reader-text\">Exports climb 10.3% reversing 5-month slowdown :\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-35128","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704752062},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/35128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=35128"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/35128\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=35128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=35128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=35128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}