According to media reports, exports from India fell 8.8% in February 2023 to $33.88 billion while imports were recorded at $51.31 billion
The government claims that the decline in exports was mainly due to falling merchandise exports caused by the global slowdown
There has been an increase in petroleum, electronic exports, especially mobile phones while there is a decline in engineering goods, gems and jewellery
A reputed newspaper showed the export and import figures interchanged, exposing the internet sector “quality hypocrisy”
Human rights abuses, banking fraud and torture of some indian exporters may have also led to the decrease in exports, which the mainstream media does not cover.