Economic Survey: Trade deficit improves, falls sharply by 27.8 percent
Turnaround in exports, grows by 4.1 percent over minus 1.8 percent in 2012-13 Imports fell by 8.3 percent after steep slowdown during previous year TRADE DEFICIT In the Financial year 2013-14 there were encouraging signs on the foreign trade front as India’s trade deficit recorded a sharp fall. The export-import deficit bridged in by 27.8%, …