So u r comparing last year of a govt to 1st year of other? How fair na?
Yes with rupee devaluation exports r expected to go up but it does not happen overnight, all the rates r getting adjusting, price bids change,quotes change, u find costumers,make deals,start manufacturing n then u export. Months long process for a single order to come in n be completed. There is no economy policy or change that will show u results in first 2 to 3 years, even dumbest of economists agree on that. How on earth can u claim that due to inflation raw material cost has gone up? Lol. Devaluation of rupee means ur raw material has actually become cheaper as compared to rest of the world. If u were able to buy one kg of cotton in 1 dollar now in same one dollar u can buy one n half kg lol. Ur labor cost in dollars has gone down. Zara socho, if rupee devaluation increases cost of ur raw material than how do economy experts say that ur exports should expect to go up? Dude if u dont know that much u should seriously not talk about economy. Devaluation of rupee hurts internally but in global market it goes in ur favor, thats y many countries have devalued their currency when they expect big exports in coming few years