India’s exports have been consistently declining, impacting the country’s trade balance and economic growth, which is a cause for concern. Examine. Suggest measures to overcome this trend.

Topic: changes in industrial policy and their effects on industrial growth.

4. India’s exports have been consistently declining, impacting the country’s trade balance and economic growth, which is a cause for concern. Examine. Suggest measures to overcome this trend. (250 words)

Difficulty level: Tough

Reference: The HinduInsights on India

Why the question:

The article discusses the challenges faced by India’s goods exports, emphasizing the need for urgent attention.

Key Demand of the question:

To write about the reasons for declining India’s exports and suggest measures to improve it amidst uncertainty.

Directive word: 

Examine – When asked to ‘Examine’, we must investigate the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications.

Structure of the answer:

Introduction: 

Begin the answer by giving context to India’s export performance.

Body:

First, write about the reasons for the declining trends in Indian exports.

Next, write about the steps that are needed to overcome the above slump– emphasising on export competitiveness, focus on small and labour-intensive firms and removing supply chain bottlenecks etc.

Conclusion:

Conclude with a way forward.