'20 lk jobs of export sector at risk'

By Staff
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Google Oneindia News


New Delhi, 5 December, 2007 : According to Indian Commerce Minister Kamal Nath 20 lakh jobs in the export sector are at risk if remedial steps are not taken. The minister was replying to a question in the Lok Sabha on 4th December.

He also announced that the government was considering fresh sops for the export sector and said that a proposal in this regard may be placed before the Cabinet soon. He added that the increase in the flow of dollar and global decline in the value of the US currency were the main reasons for this.

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