As we move towards the last days of 2020, reeling and recovering from the pandemic’s stress, hope and growth can be seen on the horizon with fresh optimism. The sustainable revival of the Indian economy is taking a front row in the forthcoming union budget. Finance Minister Nirmala Sitharaman promised a vibrant budget that sustains the momentum of public spending in infrastructure and the revival of the economy. According to recent trade released by the Ministry of Commerce, merchandise exports contract by 8.7%. The fall was largely led by petroleum goods, leather, marine products, and engineering goods. Essential commodities such as rice, cereals, fruit & vegetables, meat & poultry, spices, and pharmaceutical products continue to fare well amidst the COVID-19 pandemic. The fine print of recent trade data shows labor-intensive exports are starting to recover.