ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Export at All Cost

A BRIEF prepared by the Union Ministry of Commerce, Civil Supplies and Co-operation on the eve of the meeting of the Consultative Committee of MPs attached to the Ministry last month presents a detailed exposition of what it calls the government's 'export strategy' against the backdrop of the trends in exports and imports in 1977-78 and in the first few months of the current year. The Janata party had, on assuming office last year, made much of its objective of "minimising the social costs of our exports by regulating the export of essential mass consumption items". However, neither the 'export strategy' nor the actual performance in foreign trade reveals any noticeable change from the trade policies pursued by the previous government. Also, the government's response to the decline in exports in recent months is along completely conventional lines.

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