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Over 20% export orders cancelled

NEW DELHI: Covid-19 has led to exporters bleeding with upwards of 15-20% of the orders getting cancelled and a major amount of funds being locked up, owing to non-payment of dues by large buyers in the US, Europe and West Asia, prompting them to seek a bailout from the government.Prime Minister Narendra Modi on Monday “highlighted” the impact on exports during a meeting of the council of ministers.