Export Scam 2.0: Government has no fig-leaf left to cover itself

If it looks like a duck, walks like a duck and quacks like a duck, it is probably a duck. So, if something looks like an export scam, feels like an export scam and is more or less proven to be one, why is it not an export scam? A report in The Economic Times on Monday knocks another gigantic hole in the export numbers of 2010-11, enough to sink the Titanic of official delusion. Of which, more later.

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