Sucheta Dalal :Building a Better India – Part 7: How to control the deficit
Sucheta Dalal

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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.

 

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-- Sucheta Dalal