The export growth target had been pegged at 16 per cent for 2004-05, the Lok Sabha was informed on Friday.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
India's exports are expected to touch $360 billion in the current fiscal from $312.35 billion in 2013-14, Federation of Indian Export Organisations (FIEO) said.
According to Nasscom, India must make its R&D significantly more robust to realise the 'Make in India' dream
Exports to Greece from India are $360 million a year.
With exporters' claim for over five months still pending, liquidity has been wiped out and the process of finalising new contracts has been held up.
Government unveiled the much-awaited FTP for 2015-20 on April 1, 2015.
Lakhs of jobs are at stake.
The deficit was $17.6 billion in April 2013.
Work on a dozen decisions to start by next week.
Such campaigns would badly affect players in the traditional retail market.
Events to keep an eye out for...
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
The rise was due to a sharp fall in prices, which spurred demand.
China continues to hold the top slot.
The 'BluFin Business Cycle Indicator', which reflects various macroeconomic trends on a monthly basis, stood at 166.3 points in May, 5.8 per cent higher compared to the same month last year, suggesting that the Indian economy is growing at a faster rate than the previous year.
Senior officials say the government might come up with an incentive package for the SEZs following the release of Foreign Trade Policy.
Currently, the five-year FTP aims to raise total exports to $900 billion but targets may be reduced
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According to financial information provider BluFin, this slowdown threatens the fragile economic recovery.
The decision regarding this was taken by the Board of Approval in its meeting on September 18.
Bibek Debroy raised seven questions about the new institution.
Idea is to bring stakeholders together and explore ways to increase export of services from India.
If the states do not chip in with better governance procedures in the setting up of new businesses, providing electricity connections, enforcing contracts, issuing construction permits or registering property, there is little the Centre can do on its own to quickly move India up the index on ease of doing business, says A K Bhattacharya.
In the run up to three years of the National Democratic Alliance government, Minister of State for Commerce and Industry (Independent Charge) Nirmala Sitharaman says it is time to consolidate some of the major initiatives as well as take new steps.
'We do India great disservice if we continue to perpetuate a flawed narrative on trade, one based on myths rather than facts,' says Hardeep Singh Puri.
Minister of State for Commerce and Finance Nirmala Sitaraman, in Mumbai to address election rallies, took time out to talk about the economy, foreign investment and trade facilitation.
India's exports are estimated to have remained at around $312 billion in 2013, while the final figures for 2014 could be around this figure only.
Attacking the United Progressive Alliance government, Bharatiya Janata Party leader and former Finance Minister Yashwant Sinha on Wednesday said 4.9 per cent economic growth is not because of government's policies but due to good monsoon.
Existing units stay operational; those approved may not be notified, land could be used for other purposes
The government on Wednesday unveiled the FTP for 2015-20.
The 2015 World Bank group's Doing Business index ranked India at 142, down from 140, which it was the year before.
It is time to reset expectations as government will move with alacrity on social policy, not on economic reforms.
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