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Exports add to gloom, up 3%
A day after data showed India's growth in 2011-12 was the lowest in nine years, data on merchandise exports was also disappointing. Exports in April rose a mere 3.23 per cent to $24.45 billion, against $23.69 billion in April 2011, primarily owing to the euro zone crisis. However, Commerce & Industry Minister Anand Sharma was hopeful of a 20 per cent rise in exports in the current financial year, compared
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