What is the outcome of the second stimulus package announced by the government recently?
S.P.Agarwal: When the dollar started falling down to Rs. 39 last year, it was difficult for the exporters to fulfill their orders. You cannot take orders and later on say that rate has gone down so I cannot export any more. You have to fulfill your commitments, if you want to remain in touch with your customers and get orders from the foreign buyers. But at that time we have stopped taking further orders because it was not viable for exporters to export at low prices. When the dollar went down, if I am selling products for $1 on which the exchange was around Rs. 47 and now the same is Rs. 39 so obviously I will not be selling products further. Those buyers have gone to other countries when we refused to take orders. Countries like China and other places like Pakistan, Taiwan and Korea. These countries gave more sops to exporters, offered them better terms and many more advantages. So, our exports where declining at that time and the decline was so much that it turned out to be a global
