Exports surge in April on low-base effect
The Hindu
India’s exports in April jumped almost threefold to $30.63 billion from $10.36 billion in the same month last year, according to government data. Imports, too, rose to $45.72 billion last month as aga
India’s exports in April jumped almost threefold to $30.63 billion from $10.36 billion in the same month last year, according to government data. Imports, too, rose to $45.72 billion last month as against $17.12 billion, the data showed. Trade deficit widened to $15.10 billion as against $6.76 billion. Exports in April last year had plunged by a record 60.28% due to the pandemic-induced lockdown.
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