{"id":4591,"date":"2024-06-14T01:38:38","date_gmt":"2024-06-14T01:38:38","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=4591"},"modified":"2024-06-14T01:38:38","modified_gmt":"2024-06-14T01:38:38","slug":"services-exports-from-mihan-up-22-products-see-3-growth","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/services-exports-from-mihan-up-22-products-see-3-growth\/","title":{"rendered":"Services exports from Mihan up 22%, products see 3% growth"},"content":{"rendered":"<p>Export of <a href=\"https:\/\/exam.pscnotes.com\/services\">Services<\/a> from Mihan-SEZ, which mainly include <a href=\"https:\/\/exam.pscnotes.com\/software\">Software<\/a> and aircraft maintenance, has gone up by 22%. The exports of physical products by the manufacturing units on the other hand has seen a feeble <a href=\"https:\/\/exam.pscnotes.com\/growth\">Growth<\/a> of 3%. As a SEZ, the units here have to essentially export the products or services, generating net <a href=\"https:\/\/exam.pscnotes.com\/foreign-exchange\">Foreign Exchange<\/a> earnings (NFE).<\/p>\n<p>The data released by the development commissioners office for financial year 2022-23, which just ended, saw services export rise to 1,30,602 crore as against 1,07,358 crore last fiscal. Exports of physical products <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> was at 41,594 crore as against 40,340 crore in FY 2021-22. This comes to a growth of 22% and 3%, respectively. Sources say this indicates that there is a need to increase  by companies in the zone.<br \/> Currently, the major <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> players are Lupin Pharma, and Dassault Reliance Aviation Limited, say sources.<\/p>\n<p>Eleven new units, including Reliance <a href=\"https:\/\/exam.pscnotes.com\/defence\">DEFENCE<\/a>, Kalpana Saroj Global Aviation, and Jai Armaments, have been given nod to start operations.<\/p>\n<p>In line with the ministry of commerce directives, letters of approval of inactive units have been cancelled. However, at the same time efforts have been taken to bring back certain potential units. These include Zim Laboratories, Taj Stats, and Soni Polymers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Export of Services from Mihan-SEZ, which mainly include Software and aircraft maintenance, has gone up by 22%. The exports of physical products by the manufacturing units Join Our Telegram Channel Subscribe on YouTube on the other hand has seen a feeble Growth of 3%. As a SEZ, the units here have to essentially export the &#8230; <a title=\"Services exports from Mihan up 22%, products see 3% growth\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/services-exports-from-mihan-up-22-products-see-3-growth\/\">Read more <span class=\"screen-reader-text\">Services exports from Mihan up 22%, products see 3% growth<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1094],"tags":[601],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Services exports from Mihan up 22%, products see 3% growth - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/services-exports-from-mihan-up-22-products-see-3-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Services exports from Mihan up 22%, products see 3% growth\" \/>\n<meta property=\"og:description\" content=\"Export of Services from Mihan-SEZ, which mainly include Software and aircraft maintenance, has gone up by 22%. The exports of physical products by the manufacturing units on the other hand has seen a feeble Growth of 3%. As a SEZ, the units here have to essentially export the products or services, generating net Foreign Exchange ... 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The exports of physical products by the manufacturing units on the other hand has seen a feeble Growth of 3%. As a SEZ, the units here have to essentially export the products or services, generating net Foreign Exchange ... 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