Lucknow. In the Corona Crisis Lockdown, all activity was at a standstill. Due to which the export business of the country and UP also declined during the first eight months of April-November 2020 in the current financial year. But after the unlock, due to the concrete decisions taken by Chief Minister Yogi to promote export business, UP’s export business is back on track again. Not only this, UP has again reached the fifth rank after taking a quantum leap in the field of exports.
According to a comparative study of the government, from April to November in the year 2019, products worth 14,84,386.50 crore were exported from the country. Products worth Rs 80,058.44 crore were then exported from UP. During the Corona crisis, when products worth Rs 12,99,354.87 crore were exported from the country from April to November in the year 2020, then products worth Rs 72,508.14 crore were sent abroad from UP in the same period. According to these figures of the government of the province, the exports of the country and the state decreased during the Corona crisis. So on the instructions of Chief Minister Yogi Adityanath, the focus was on increasing the export business in the state. Due to this, UP has ranked fifth in the country in terms of exports, leaving behind states like Maharashtra, Tamil Nadu, Karnataka, West Bengal, Bihar, Delhi, Kerala, Meghalaya, Nagaland, Manipur, Arunachal Pradesh, Jammu and Kashmir.
According to the information received from the authorities, when the country’s export business fell sharply during the Corona crisis, the export business of UP had decreased by about 30 percent. Taking cognizance of this, then Chief Minister Yogi Adityanath took many important decisions to promote the export business of the province. Due to which action was taken to send the products of exporters abroad. Under the Ease of Doing Business, an effort was made to give large facilities to exporters.
Exports of carpets and other textiles, floorcoverings, meats, brass decorative products, toys, sports parts and wood products saw a boom. Not only this, the 30% decline in the export business of UP has been improved to 9.43 percent. Due to which UP succeeded in achieving the fifth rank in the field of exports.
The export businessmen of the state are of the opinion that it is the effort of Chief Minister Yogi Adityanath to get this rank. Anyway, UP ranks number one in exports of other textiles, floorcovering, meats, brass decorative products, toys, sports parts and wood products. And UP accounts for 4.55 percent of the country’s exports.
Products made in the state are exported to many countries including the United States, United Arab Emirates, Vietnam, Britain, Nepal, Germany, China, France, Spain and Malaysia. According to export-oriented businessmen, the maximum exports from UP are handicrafts processed meat, leather products and carpets.
According to those involved in the export business, the pharmaceutical sector performed well during the Corona crisis. During April-November 2020, exports of this sector have increased by 15%. Apart from this, exports of rice and iron ore and the products of the state’s ODOP scheme have also increased. Exporters are expected to do business related to the business, due to the policies of the state government, the exports will start to be equal to the exports in the next three months in the year 2019.
Leave a Reply