News: Indian exports cross $100 billion mark
(PTI 07/04/2006) New Delhi - Exports today crossed the $100 billion-mark to reach $101 billion in 2005-06 - registering a growth of 25%.
Imports increased 32% to $140 billion in 2005-06 with non-oil imports accounting for $97 billion.
Announcing the annual supplement 2006 to the Foreign Trade Policy, Commerce and Industry Minister Kamal Nath said Vishesh Krishi Upaj Yojna has been expanded to include village and cottage industries.
He also introduced two new schemes - focussed product scheme and focussed market scheme - to promote exports of specific products such as fish, leather, sports goods and handlooms in specific markets like Africa.
Imports increased 32% to $140 billion in 2005-06 with non-oil imports accounting for $97 billion.
Announcing the annual supplement 2006 to the Foreign Trade Policy, Commerce and Industry Minister Kamal Nath said Vishesh Krishi Upaj Yojna has been expanded to include village and cottage industries.
He also introduced two new schemes - focussed product scheme and focussed market scheme - to promote exports of specific products such as fish, leather, sports goods and handlooms in specific markets like Africa.
posted by InCar Group Press Room at 10:39
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