Declining exports and domestic value addition in it require immediate attention: FIEO President
The Dollar Business Bureau “The changing paradigms of trade and emergence of global production chains have important implications for India in particular and as a result increasing use of imported inputs has generally caused a decline in the domestic value added share of total exports,” said FIEO President Mr Rafeeque Ahmed. Reacting to the Economic Survey 2015-2016, Rafeeque stated that the share of domestic value added exports in total exports has witnessed a decline from 86.9 per cent in 1998-99 to 84.1 per cent in 2003-04 and further to 78.5 per cent in 2007-08. However, the foreign value added share in exports increased. He said that the domestic producers may be encouraged to supply to exporters for higher ...
India Inc. gives Modi government 8/10 in ASSOCHAM survey
Broad economic parameters like GDP, services, exports, and trade deficit are doing well, say corporate leaders The Dollar Business Bureau | @TheDollarBiz Soucre: Prime Minister office In a survey conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) last week, top corporate leaders have given a ranking of 8/10 to the Narendra Modi led NDA government about a week ahead of its completion of 100 days in office. About 357 top industry leaders participated in the survey. Most of them said that the new government has a business-friendly approach and there is a strong focus on accountability. While 78% of the participants said that there is a positive change in the perception among the global and domestic investors about India, ...
