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State the short term and long term objectives of foreign trade policy of 2009-14. OR State the objectives of foreign trade policy of 2009-14. |
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Answer» The objective of this policy was to double the exports of commodities and services by the year 2014. Among the short term objectives were-curb the tendency of decline in exports, provide additional assistance to export sectors affected by recession to re-establish export growth. The long term objectives of the policy wereincreasing India’s share in global trade by 100 per cent (from 1.64 per cent in 2008 to 3.28 per cent in 2020). |
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