Transcription of Chapter-3 Foreign Trade Policy
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27 Chapter-3 Foreign Trade PolicyExport Performance and the Foreign Trade Policy (FTP)Global economic outlook is a major determinant of export performance of any country. India s output and exports were not completely immune to the global economic slowdown of 2008-09. India s exports declined by in 2009-10. Export growth rate was in 2010-11 and it was around during April - December 2011-12 over the same period last year. The immediate and the short term objective of FTP 2009-14 Policy was to arrest and reverse the declining trend of exports which was successfully achieved by providing additional support especially to those sectors which were hit badly by recession in the developed world.
27 Chapter-3 Foreign Trade Policy Export Performance and the Foreign Trade Policy (FTP) Global economic outlook is a major determinant …
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