Question : DECLINE IN EXPORTS



(a) whether export from India particularly in garments, gems and jewellery has declined considerably during the last few years;

(b) if so, the reasons therefor;

(c) whether any assessment has been made in this regard;

(d) if so, the steps taken by the Government to check this decline in the Indian exports;

(e) the details of success achieved in this direction; and

(f) the amount of foreign exchange earned by the country through the export of gems and jewellery, during the last four years year-wise ?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY ( SHRI E.V.K.S. ELANGOVAN)

(a). No, Sir. India`s exports of garments and gems & jewellery have not declined. On the contrary they have registered a positive growth in the last few years which is high for most of the years. The growth rates of these items are given below.

(Value in US million dollar)
2002-03 2003-04 2004-05
Value Growth Value growth(%) Value Growth Rate (%) (%)
Total Exports 52719 20.3 63455 20.44 40291(Apr-Oct.) 23.7 Gems & Jewellery 9029.94 23.59 10509.79 16.38 4090.8( Apr-July) 45.9 Readymade garments 5689.91 13.64 6088.42 7.00 2007.38( Apr-July) 14.9



(b) to (e). Does not arise.

(f). The value of exports of gems & jewellery in dollar terms during the last four years is as under :
(US million dollar)
Year Value of exports
2000-01 7384.01 2001-02 7306.28 2002-03 9029.94 2003-04 10509.79