EXPORT LOSING STEAM, MAY LEAD TO JOB LOSSES : FIEO.

 

 
Exports

 
 
NEW DELHI: The continuous decline in exports may result in job losses and impact economic growth, exporters bodyFIEO on Saturday said.”Based on the order booking position, exports may significantly decline in volume terms in months to come, which will result in layoffs,” Federation of Indian Exports Organizations (FIEO) president S C Ralhan said in a statement.”If exports continue to move in the negative territory, it will sooner or later put pressure on CAD ( current account deficit) and may derail the rebuilding of economy.”                                                                               ( Courtesy: The Times Of India. )