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DGFT says exports target of $325 bn in FY 2014 not possible
While addressing the inauguration ceremony of Carpet Expo, in New Delhi, Director General of Foreign Trade, Ministry of Commerce & Industry, Anup Pujari told media that in the current fiscal, India would fail to achieve the exports target of USD 325 billion.

And they are trying their best thereafter it is the job of government to see which sectors did not perform well, and how to handle it.

"USD 325 billion looks virtually impossible because if we do USD 30 billion like we did in March 2013 we will be reaching just about USD 310-312 billion," Pujari said, as reported by SME Times.

The trade deficit in February is at the lowest level in five months narrowing to USD 8.13 billion, data released by the government on Tuesday. And India's exports declined 3.67 percent to USD 25.68 billion in February.



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