Export As Per GDP Lowest In 13 Years

Data from the Centre For Monitoring Indian Economy (CMIE) shows that the botched introduction of Goods and Services Tax (GST) has taken a heavy toll on the exports. Export as per the Gross Domestic Product (GDP) has been the lowest since 2003-04.

According to Livemint, while it can be said that the poor rates of 2017 are due to GST, the numbers for March 2018 are also not an attractive one. The figures could be mostly due to the delay in giving refunds to exporters.

In the last quarter, due to disruptions in the gems and jewellery sector and also because of the Punjab National Bank scam revelation, the sector has not done well.

The engineering sector has not been doing well too. “The engineering sector, which had been leading the basket of goods exports, could manage to grow by a meagre 2.62% in March, making it imperative to redraw our external trade strategy. This is all the more important in the backdrop of more and more protectionism rearing its head. Rising raw material costs, among other factors, have had a crippling impact on the shipments,” EEPC (Engineering Export Promotion Council) India chairman Ravi Sehgal said.

With protectionism increasing in the US, the outlook for exports has been further put in a hazy area. Last Thursday, the US trade representative office said it has launched investigations on whether India was complying with the rules on the Generalised System of Preferences, which could affect the duty-free entry of a host of products from India.

Contributors

Written by : Poorbita Bagchi

Edited by :

Partner Story

Baba Sehgal's Raps Encourages Angry Twitterati To #TakeItLite This World Hypertension Day

Propelled by

Tata Salt

BABA SEHGAL, the rap star is back with a cause. In a bid to create awareness about BP and its symptoms on the ‘World Hypertension Day’ celebrated on 17th May every year. In collaboration with Tata Salt Lite, Baba Sehgal responded to angry twitterati through hilarious raps asking them to #TakeItLite. It is an effort to address people who these days tend to get angry at small things very frequently. More often than not, social media becomes the gateway to vent their anger .‘Choti Choti Baaton Pe Gussa hona’ could be a symptom of hypertension. Baba, in his series of raps, responded to @Neha Dhupia and a bunch of other people who recently ranted on Twitter, asking them to # TakeItLite.

#takeitlite pic.twitter.com/b2KuEhDPWH

— Baba Sehgal (@OnlyBabaSehgal) May 17, 2019

The above activity was an initiative by Tata Salt Lite to create awareness on Hypertension. Twitter is currently abuzz with Sehgal’s raps. Twitterati across the platform have taken to their twitter handles to share #TakeItLite.

#takeitlite pic.twitter.com/2JcTHtBNCZ

— Baba Sehgal (@OnlyBabaSehgal) May 17, 2019

#takeitlite pic.twitter.com/RGhnU1sBQz

— Baba Sehgal (@OnlyBabaSehgal) May 17, 2019

Hypertension kills 7.5 million people worldwide each year, which is more than AIDS, road accidents, diabetes, and tuberculosis combined. Hypertension is the most common preventable cause of cardiovascular and non-communicable diseases throughout the world. Many studies have evidently emphasized that hypertension is a ‘silent killer’, with no warning signs. Therefore, knowing that one’s blood pressure is elevated allows the individual to take some action to mitigate the rising blood pressure, thus preventing fatal diseases.

Tata Salt Lite is a 15% low sodium salt and it is specially designed to provide consumers a convenient means to take preventive measures towards keeping the blood pressure in check. The campaign is another creative attempt to engage and educate consumers.

The Logical Indian appreciates the initiative of Tata Salt Lite to make people aware of hypertension that is otherwise overlooked by people; a small step towards sensitizing people to help them make a conscious choice of consumption.

Export As Per GDP Lowest In 13 Years

The Logical Indian Crew

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Partner Story

Baba Sehgal's Raps Encourages Angry Twitterati To #TakeItLite This World Hypertension Day

Tata Salt

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