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Current Affairs

Digital Summit on Exports—By Confederation of Indian Industry

Current Context: Confederation of Indian Industry organized Digital Summit on Exports in partnership with EXIM Bank.
Digital Summit on Exports—By Confederation of Indian Industry
  • Union Minister of Commerce and Industry and Railways, Piyush Goyal participated in the summit via video conference.
  • They discussed fall and rise in various import and export products specifically in the month of March, April and May.
  • Export fell 60.28% in April and 34.5% in March. However, it is expected to rise by 8-10% in June.
  • Piyush Goyal stated that there is a huge opportunity to increase production in the auto component sector, furniture and IT related services.
  • He also assured grant support to increase export from India.
  • Static Part: 
    • HQ of CII: New Delhi
    • HQ of EXIM Bank: Mumbai
    • MD and CEO of EXOM Bank: David Rasquinha

Question: 

Q.1 Who participated in the Digital Summit on Exports organized by Confederation of Indian Industry and EXIM Bank?
a. Piyush Goyal
b. Nirmala Sithraman
c. Amit Shah
d.‘Nitin Gadkari
Digital Summit on Exports—By Confederation of Indian Industry Digital Summit on Exports—By Confederation of Indian Industry Reviewed by Neha Verma on May 31, 2020 Rating: 5

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