Business Standard

Pranab Mukherjee will inaugurate GES today

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President Pranab Mukherjee will inaugurate Global Exhibition on Services (GES) on Monday, which will highlight India’s potential to boost its services exports across sectors. Finance Minister Arun Jaitley will also address the inaugural session to be held at Rashtrapat­i Bhavan. The third edition of the GES comes in the backdrop of increased focus on services trade and India’s submission to the World Trade Organisati­on on trade facilitati­on in services. India’s services exports increased from $52 billion in 2005 to $155 billion in 2015, with a share of 3.3 per cent in global services exports. In the first 11 months of 2016-17, services exports stood at $146.5 billion, growing at three per cent.

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