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Union Finance minister Nirmala Sitharaman on Wednesday exhorted exporters to be receptive and ‘foresee’ how the recession or slowing economy abroad will pan out for them, while asking them to constantly engage with the government.
Stating that external uncertainties are far more ‘unpredictable’ and therefore challenging, Sitharaman said in a post-pandemic, post-war world, and where there is a repeat occurence of virus, there is no fixed ‘template’ to deal with uncertainties.
With regard to imports, she assured the industry that the government is looking at specific items to see which are going to be consistently needed for next few years as well as those whose import could hurt domestic manufacturers.
