Exports improving, contraction down to just 10-12 per cent: Piyush Goyal

India's exports are showing signs of improvement as the contraction in outbound shipments in June so far has come down to about 10-12 per cent as compared with 60 per cent in April, Commerce and Industry Minister Piyush Goyal said on Monday.

Declining for the third straight month, India's exports dipped 36.47 per cent in May to $19.05 billion.

"Currently we are about 10-12 per cent down in June. So in a sense, we have reached up to 88-90 per cent of the level of exports that we had in June 2019 in the current month in the first two