The free fall of India’s exports is likely to end soon, if an internal assessment of commerce ministry is to be believed. According to the sources in the commerce ministry , “the green shoots in exports will be visible in the second-half of the current fiscal. Besides, even the Prime Minister’s Office and the finance ministry wanted the commerce ministry to have estimates ready so that as and when the need arises corrective measures can be rolled out. But, we expect growth to be back in values soon,” sources said. “The ministry and (commerce minister) Nirmala Sitharaman herself are closely watching the movement in all these sectors, with a monthly review,” sources said.

Source: Hindustan Times June 08, 2016 06:00 UTC