Export woes: Where the blame lies

It is quite unacceptable. Exports fell 21 percent to $21 billion in August. It is the ninth straight month of decline and yet the government has failed to come up with a plan to prevent this freefall. There is a lot of talk, but little action. Recently, the commerce minister said that the Centre would soon come out with sops for the sector. This is a welcome decision, but I wonder what made our policymakers to wait for so long. Time and again, different sections of the industry have tried to awaken them from deep inaction, but succeeded little, and the situation continued to deteriorate with every passing month. Courtesy: SME TImes by Bikky Khosla | 22 Sep, 2015 - See more at: http://www.smetimes.in/smetimes/editorial/2015/Sep/22/export-woes-Where-blame-lies30465.html

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