{"id":22017,"date":"2017-02-15T14:09:58","date_gmt":"2017-02-15T14:09:58","guid":{"rendered":"https:\/\/www.edristi.in\/?p=22017"},"modified":"2017-02-15T14:09:58","modified_gmt":"2017-02-15T14:09:58","slug":"indias-foreign-trade-january-2017","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/indias-foreign-trade-january-2017\/","title":{"rendered":"INDIA\u2019S FOREIGN TRADE: January, 2017"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: According to the data released by Ministry of Commerce &amp; Industry Department of Commerce, India\u2019s export has \u2026 .<\/strong><br \/>\n(a) declined<br \/>\n(b) grown<br \/>\n(c) been constant<br \/>\n(d) none of the above.<br \/>\n<strong>Ans: (b)<br \/>\nRelated Fact:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>On 15th February, 2017, Ministry of Commerce &amp; Industry Department of Commerce released January, 2017 trade data. Below are the key highlights:<\/li>\n<li>During January, 2017 exports grew at 4.32 per cent in dollar terms (valued at US$ 22115.03 million) and 5.61 per cent in Rupee terms (valued at Rs. 150559.98 crore) as compared to US$ 21199.02 million (Rs. 142568.31 crore) during January, 2016.<\/li>\n<li>Cumulative value of exports for the period April-January 2016-17 was US$ 220922.78 million (Rs. 1484473.55 crore) as against US$ 218532.64 million (Rs. 1420572.68 crore) registering a positive growth of 1.09 per cent in Dollar terms and positive growth of 4.50 per cent in Rupee terms over the same period last year.<\/li>\n<li>Non-petroleum exports in January 2017 were valued at US$ 19422.86 million against US$ 19111.38 million in January 2016, an increase of 1.6 %. Non-petroleum exports during April &#8211; January 2016-17 were valued at US$ 196254.10 million as compared to US$ 192071.50 million for the corresponding period in 2016, an increase of 2.2%.<\/li>\n<li>The growth in exports is positive for USA (2.63%), EU(5.47%) and Japan(13.43%) but China has exhibited negative growth of (-1.51%) for November 2016 over the corresponding period of previous year as per latest WTO statistics.<br \/>\n<strong>IMPORTS:<\/strong><\/li>\n<li>Imports during January 2017 were valued at US$ 31955.94 million (Rs. 217557.32 crore) which was 10.70 per cent higher in Dollar terms and 12.07 per cent higher in Rupee terms over the level of imports valued at US$ 28866.53 million (Rs. 194134.02 crore) in January, 2016.<\/li>\n<li>Cumulative value of imports for the period April-January 2016-17 was US$ 307311.86 million (Rs. 2065656.42 crore) as against US$ 326277.38 million (Rs. 2120158.57 crore) registering a negative growth of 5.81 per cent in Dollar terms and 2.57 per cent in Rupee terms over the same period last year<\/li>\n<li>Oil imports during January, 2017 were valued at US$ 8140.83 million which was 61.07 percent higher than oil imports valued at US$ 5054.29 million in January 2016<\/li>\n<li>Oil imports during April-January, 2016-17 were valued at US$ 69062.66 million which was 5.81 per cent lower than the oil imports of US$ 73321.66 million in the corresponding period last year.<\/li>\n<li>Non-oil imports during January, 2017 were estimated at US$ 23815.11 million which was 0.01 per cent higher than non-oil imports of US$ 23812.24 million in January, 2016.<\/li>\n<li>Non-oil imports during April-January 2016-17 were valued at US$ 238249.20 million which was 5.81 per cent lower than the level of such imports valued at US$ 252955.72 million in April-January, 2015-16.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/commerce.gov.in\/writereaddata\/UploadedFile\/NTESCL_636227774112258988_PRESS_RELEASE_Jan_2017.pdf\" target=\"_blank\">http:\/\/commerce.gov.in\/writereaddata\/UploadedFile\/NTESCL_636227774112258988_PRESS_RELEASE_Jan_2017.pdf<\/a><br \/>\n<a href=\"http:\/\/www.ptinews.com\/news\/8409665_Exports-up-4-32--to--22-11-bn-in-Jan.html\" target=\"_blank\">http:\/\/www.ptinews.com\/news\/8409665_Exports-up-4-32&#8211;to&#8211;22-11-bn-in-Jan.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: According to the data released by Ministry of Commerce &amp; Industry Department of Commerce, India\u2019s export has \u2026 . (a) declined (b) grown (c) been constant (d) none of the above. Ans: (b) Related Fact: On 15th February, 2017, Ministry of Commerce &amp; Industry Department of Commerce released January, 2017 trade data. Below are [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":22018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-22017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/22017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=22017"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/22017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/22018"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=22017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=22017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=22017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}