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Exports now recovering, fall has bottomed out: Sitharaman

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Exports now recovering, fall has bottomed out: SitharamanNew Delhi: The fall in India’s merchandise exports over a year and a half has at last been arrested as the May data shows, Commerce Minister Nirmala Sitharaman said on Friday.

“The fall in exports has now been arrested. Last month’s data indicates a fall of 0.7 per cent,” Sitharaman told reporters here.

“The bottoming out (of the fall) has happened. From now, it will be a slow recovery and a steady pick-up,” she said.

India’s merchandise exports declined for the 18th consecutive month in May at $22.17 billion, down 0.79 per cent in dollar terms, against $22.35 billion in the like month of last year, official data showed on Wednesday.

The country’s merchandise exports in April this year were valued at $20.57 billion — down 6.74 per cent in dollar terms against $22.05 billion in April 2015.

“Many labour intensive sectors have been holding out and are now picking up,” Sitharaman said.

“The process of export recovery requires to be aided, through interest subvention and other incentives,” the minister added.

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Cheers and Cheers: Barzilla’s Joyful Ode to Inclusivity and Celebration

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The RG Marathon Championship Run 2023 in Goa was a testament to inclusivity. Initially resistant to including persons with disabilities, it eventually featured wheelchair and standing categories, thanks to advocates’ efforts. Participants showed exceptional determination, emphasizing unity in diversity. Despite challenging weather, they demonstrated the power of community support, highlighting the need for accessibility and inclusion in all state-level events in Goa.

Following the marathon, a gathering of differently-abled individuals, predominantly wheelchair users, convened for a celebratory lunch at Barzilla. The event, orchestrated by Mr. Shariq Khan and Mr. Zain Aftab, proprietors of Barzilla, honored the birthday of Sadaf Fatima, who also uses a wheelchair and is Mr. Shariq Khan’s wife.

 

The lunch featured esteemed guests including the Tourism Minister of Goa, MLA Rohan Khaunte of Porvorim, Social Welfare Minister Subhash Phal Desai, and the State Commissioner for Persons with Disability in Goa, Guruprasad Pawaskar. The event was impeccably hosted by Ms. Falak Fatima and Mr. Adarsh Parashar, offering activities such as Karaoke and Billiards. The youth of Goa exhibited their unwavering support for the community, making the party an unequivocal success.

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