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Exports dip 34.6%, deficit narrows
- India’s exports dipped by 34.57% to $21.41 billion in March, while it declined by 4.78% to $314.31 billion for 2019-20.
- Trade deficit narrowed to $9.76 billion in March this year from $11 billion in the same month last year. It was $152.88 billion in April-March 2019-20 compared to $184 billion in the previous fiscal.
- Imports in March dipped by 28.72% to $31.16 billion. It contracted by 9.12% to $467.19 billion in 2019-20.