Government of India is set to achieve its $400 billion export target in 2021-22. Indian merchandise exports touched $95 billion in the three months ended June, recording an all-time high in any single quarter.<\/p>\n\n\n\n
Merchandise exports in the first quarter of 2021-22 jumped 16% over $82 billion in the same quarter two years ago (Q1, FY19), when compared with a normal year preceding the first wave. The previous record was $90 billion in the fourth quarter of 2020-21.<\/p>\n\n\n\n
The first wave of the Covid-19 pandemic and the consequent 68-day nationwide lockdown since March 25, 2020 adversely affected merchandise exports in the first quarter of the previous financial year (April-June, 2020-21) , which clocked $51 billion.<\/p>\n\n\n\n
According to official data, the highest growth of 168% was achieved in iron ore exports, which touched $1.7 billion compared to the same period two years ago [Q1 FY-20].<\/p>\n\n\n\n
Similarly, rice exports grew 37% to $2.4 billion. In value terms, engineering goods worth $25.9 billion were exported, a 25% jump over $20.7 billion in April-June 2019.<\/p>\n\n\n\n
Petroleum products saw 16% growth during this period to $12.9 billion. About 14% growth was also recorded in pharmaceutical exports, the tenth top export item, to $5.8 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"
Government of India is set to achieve its $400 billion export target in 2021-22. Indian merchandise exports touched $95 billion in the three months ended June, recording an all-time high in any single quarter. Daily Current Affairs Quiz 2021 Merchandise exports in the first quarter of 2021-22 jumped 16% over $82 billion in the same […]<\/p>\n","protected":false},"author":404,"featured_media":46522,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1412],"tags":[82],"class_list":["post-46521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-july-2021","tag-economy-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/46521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=46521"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/46521\/revisions"}],"predecessor-version":[{"id":46523,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/46521\/revisions\/46523"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/46522"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=46521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=46521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=46521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}