Fall in Exports first time in 5 years

Hello!!!!!!!
Where are the policy makers?
I know that they're doing their best besides the political pressure and sulking over-head financial crises, but urgent attention is needed yaar.
Did you come to know that exports fell for the first time in five years contrasting a declining trend in growth.
Exports in October(2008) contracted by 15 percent against 25%+ average export growth since 2003 when the FDI flows became prominent to push up the growth to over and above the earlier mark i.e. 6%.
The exports are declining due to a contraction in demand. OECD economies accounts for over 40% of the India's exports and are showing a declining trend besides availing themselves of an incentive of rupee depreciation. Well, what else they could do? There's a global slowdown, dear.
The fall in exports puts a great pressure on the balance of payments-accounts for country's transaction with rest of the world, since it reduces the aggregate demand in the economy.
The situation is not yet worst, thanks to the depreciation of the rupee which has reduced the import spending that will, at least to some extent reduce the pressure on BOP.
If this depreciation would have helped in increasing the exports, then India would not have been hit this much also. Unfortunately, there's a global contraction of demand of consumers and there's literally no-one to buy from us.