Does trade deficit signal trouble for India's economy?
Does trade deficit signal trouble for India’s economy? Premium Jagadish Shettigar, Pooja Misra Since 1990, on an average, India has had an overall trade deficit. Even so, for the period April–September 2020, India witnessed a trade surplus and is likely to post a current account surplus of 2% of GDP for 2020-21. However, this might not be a reason to rejoice. Mint explains: Share Via Read Full Story Since 1990, on an average, India has had an overall trade deficit. Even so, for the period April–September 2020, India witnessed a trade surplus and is likely to post a current account surpl...
Source: livemint.com