An autonomous research institute under the Ministry of Finance

 

Posts by Rathin Roy

Structural reforms needed to fix CAD challenges

14/09/2018

India is currently facing challenges in the management of its external account, reflected in worries about rupee depreciation, and concerns about the current account deficit (CAD). 
 
India’s CAD is structural. Growth is not driven by exports. Domestic growth drivers - investment, and in recent times, consumption - are import intensive ...
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