India's exports on Friday crossed the $100 billion mark to reach $101 billion in 2005-06, registering a growth of 25 per cent while imports increased to $140 billion, up 32 per cent from last fiscal, with non-oil imports accounting for $97 billion dollars.
Announcing the annual supplement 2006 to the Foreign Trade Policy, Commerce and Industry Minister Kamal Nath said Vishes Krishi Upaj Yojna has been expanded to include village and cottage industries.
He also introduced two new schemes -- focussed product scheme and focussed market scheme -- to promote exports of specific products such as fish, leather, sports goods, handlooms in specific markets like Africa.
Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group