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Podcast: businessline's State of the Economy Podcast
Episode: What story do the import numbers tell us, and is the trade deficit a cause for concern?
Description: In this episode of the State of the Economy podcast, businessline’s Amiti Sen talks about the performance of India’s goods exports as we move into the new fiscal year, with Ajay Sahai, Director General, Federation of Indian Export Organisations.  After a 3 per cent decline in goods exports in 2022-23, totalling $437 billion, the new fiscal year has started positively with two consecutive months of growth. In April 2024, exports grew by around 1 per cent year-on-year, and in May 2024, the growth rate was a robust 9.1 per cent, with exports reaching $38.13 billion. Imports also rose in May, increasing by 7.7 per ce...