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Services exports rose 5.3 per cent to $ 12.94 billion in September this year compared to the same month last year.
However, import of services during the month fell by 9.1 per cent to $ 6.17 billion against the year-ago period, according to the RBI data.
In August 2014, services exports were nearly flat at $ 12.24 billion. The import of services was up 7.5 per cent at $ 6.77 billion in August over the year-ago month.
The cumulative receipts of exports in services during April-September stood at $ 79.05 billion, while cumulative payments (or imports) were at $ 43.04 billion.
Services export in 2013-14 stood at 167.01 billion, while imports were at $ 88.19 billion.
The services sector contributes about 60 per cent to country’s gross domestic product.
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