Eco Survey wants Bhalla panel plan adopted for doubling exports to $1 trn



The Economic Survey 2018-19 called for implementation of recommendations made by a high level advisory group on boosting the country's exports.
The high level panel group, chaired by Surjit Bhalla, has recommended a host of measures and a road map for doubling India's exports of goods and services to over $1,000 billion by 2025.
"The High Level Advisory Group submitted its report in June 2019 on how India can enhance its exports. Its recommendations need to be studied and implemented where possible," the survey, tabled in parliament, said Thursday..
It said India's share in global exports is so low that it should focus on market share.
The country's exports grew by 9 per cent to $331 billion in 2018-19.
"where would the final demand for the large capacities created by high investment come from? The answer is exports. This is why an aggressive export strategy must be a part of any investment driven growth model," it said. Read More



Article Source -> Business Standard

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