Despite claims and protests to the contrary, everything’s not alright with the Indian economy. Growth is slowing down, battered by a prolonged consumption slowdown and global headwinds caused by rising protectionism and trade wars. Perhaps recognizing these factors, the Indian government announced a slew of measures this week to shore up Indian startups, MSMEs, and exporters. Finance Minister Nirmala Sitharaman announced several decisions to ease the business environment in the country, including scrapping the ‘angel tax’, expediting GST refunds for MSMEs, as well as pushing for a gain in exports because of the weaker rupee. This pragmatic approach to boosting exports and the wider economy is necessary, especially given former President Pranab Mukherjee’s recent comments asking for exports to contribute a third of India’s $5-trillion economy target. In the same vein, India has also called for harmonization of individual GAP standards amongst SAARC nations to boost agriculture trade in South Asia. With additional incentives in the pipeline for key sectors like cotton yarn and sugar, Indian exports and trade can look to the future positively. One only hopes that the government’s emergency measures will be enough to break the Indian economy’s slowdown.