Promises to keep
Promises matter in elections because voters lack rationality. As election history shows, freebies do get votes. Hitherto, it was a time tested method of electoral success for a desperate opposition.
Exim Bank has said that the pandemic has affected exports from eastern state of West Bengal as it dropped 28.2 per cent to $3.5 billion in the first half of the current fiscal.
EXIM Bank CGM Prahalathan Iyer on Tuesday said that West Bengal is the 10th largest exporting state, accounting for 3.03 per cent of the national export basket.
West Bengal’s major client for the first quarter was Bangladesh, which followed by Nepal.
Advertisement
Exim Bank said some of its detailed suggestions in 2016 was adopted that has helped the state improve its exports.
Advertisement
