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As per the Foreign Trade Policy, 2009-14, India’s exports of goods and services are expected to double by 2014. Government reviews the export performance of the various sectors through consultation with the Export Promotion Councils (EPC) and the Trade & Industry on continuous basis and based on the suggestions so received, extends need based support measures from time to time as per the requirement and the revenue implications thereof.

Based on the sectoral review conducted in December, 2009, Government extended additional support measures in January and March, 2010.

India’s merchandise export figures for specified sectors for the period 2009-10 vis-à-vis 2008-09 in US dollar billion are given below:

Value in US $ Billion

Product Group 2008-09 2009-10
Gems & Jewellery 28.41 29.00
Leather & Leather Manufacturers 3.49 3.28
Textiles 18.15 18.26

As per the Quarterly quick Surveys conducted by the Labour Bureau under the Ministry of Labour & Employment, the employment for the exporting units has increased by 1.87 lakh during the period January to March, 2010 over October to December, 2009.

This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce & Industry, in a written reply in the Lok Sabha today.

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