Building a Better India – Part 7: How to control the deficit
June 17, 2014
External commercial borrowings or foreign investments in Indian debts and equities, or remittances by NRIs can only suppress the symptoms without treating the disease
Dalbir Chhibbar
Current Account Deficit:
The Current Account Deficit (CAD) for the last three years had alarmingly increased from $48.10 billion to $88.2 Billion.