Exporters' body Federation of Indian Export Organizations (FIEO) Wednesday said the government should urgently implement the measures announced in the Foreign Trade Policy in order to help the export sector come out the present doomed situation.

Pointing out that India's exports have been down for the last five months in a row, FIEO President Rafeeque Ahmed said that in the present economic scenario,  it is the need of the hour to analyze the situation and take proactive steps.

"To help the exporting community to come out the present doomed export situation, there is urgent need to implement the measures announced in the Foreign Trade Policy," he said in a press statement.         

Ahmed expressed disappointment over delay in implementation of the FTP measures like Post Export EPCG Scheme, indigenous sourcing under scrips (making CENVAT available to domestic suppliers), and exports through e-Commerce, etc. in the supplement 2012-13 of Foreign Trade Policy released in June  

"Even after lapse of four months, these good measures have still to see the light of the day which is adding to uncertainties and eroding competitiveness of exports in worsening global situation," he said.

"In a situation where margins are threadbare and competition from other developing countries is affecting India's exports, support in terms of pro-active and exporter friendly policies are required to be implemented immediately," the FIEO chief added.

Declining for the fifth month in a row, exports fell by 10.8% to $23.7 billion (Rs 124,899 crore) in September under the impact of the global economic slowdown, widening the country's trade deficit to a 16-month high of $18 billion against $13.2 billion a year ago.

Exports had grown by 3.2% to $24.5 billion in April, the first month of the current fiscal. Since May, the sector has been witnessing decrease.