Prime Minister Modi launched the NIRYAT Portal, that stands for National Import-Export Record for Yearly Analysis of Trade portal. The portal has been developed as one-stop platform for stakeholders, where they would get all necessary information related to of India. It will provide real time data to all stakeholders. NIRYAT portal was launched with the aim of facilitating further strengthening of financial sector of India in line with 3Ts namely Trade, Tourism and Technology.
In fiscal year 2020-21, Indias exports were at a total (goods and Services) of USD 670 billion.
In 2021-22, Indias merchandise exports crossed USD 418 billion as opposed to the target of USD 400 billion.
Considering the success, government has now increased its export targets and has doubled efforts to achieve them.