Whether it is demonetisation or the Goods and Services Tax (GST), things have bogged down to the country’s exports, which are really in bad shape now. Both demonetisation and GST have adversely impacted our exports, including textiles and clothing (T and C). The global economic scenario has turned unfavourable. India has slipped to the 40th position in Global competitiveness, as per the report compiled by the World Economic Forum (WEF). It says that India however has garnered the highest ranking in South Asia.