New Delhi: The lacklustre show of exports for almost past two years is no deterrent for the government, which is confident that it will see a “positive and solid difference” in 2017.
“I look at the new year which is going to definitely see positive and solid difference in exports compared to the previous years when we have been really very slow. I hope newer market should emerge,” Commerce and Industry Minister Nirmala Sitharaman told PTI.
The minister’s optimism came against the backdrop of a positive growth recorded by the exports in the last three months.
Since December 2014, exports fell for 18 straight months till May 2016 due to subdued global demand and slide in oil prices. Shipments started witnessing growth only in June this year, but again entered the negative zone in July and August.