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Agriculture, pharma exports grows during Covid-19 pandemic: Commerce secretary

wpflshnewsadmin by wpflshnewsadmin
December 17, 2020
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NEW DELHI: Exports of sectors corresponding to agriculture and prescription drugs have recorded vital development even throughout Covid-19 pandemic, and there’s a have to maintain this, commerce secretary Anup Wadhawan mentioned on Thursday.
He mentioned that each one the indicators are there which displays that India will come again to pre-Covid ranges.
“So far as exports are involved, some sectors have executed splendidly effectively. Even throughout the slowdown, agriculture exports and pharmaceutical exports went up,” he mentioned at an occasion organised by trade physique PHDCCI.
However sure “different sectors haven’t executed so effectively within the restoration section and we have to maintain the sectors which have executed effectively on this interval,” he added.
He added that there’s a have to give attention to these sectors which haven’t executed effectively in order that they get well no less than initially to the pre-Covid ranges.
Additional he mentioned that there’s a want to right away exploit the short-term alternatives.
“There’s a medium to long-term alternatives, the place we have to improve our capacities, create new capacities,” he added.
India’s exports dipped 8.74 per cent on a yearly foundation in November to $23.52 billion on account of contraction in shipments of key sectors like petroleum, engineering, chemical compounds and gems and jewelry.
Tags: AgriculturecommerceCOVID19ExportsgrowspandemicPharmaSecretary
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