India's trade deficit to reach 175 billion$

Discussion in 'Economy & Infrastructure' started by sehwag1830, Jan 16, 2012.

  1. sehwag1830

    sehwag1830 Tihar Jail Banned

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  3. utubekhiladi

    utubekhiladi The Preacher Elite Member

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    :yuno:

    Y U NO stop electing congress

    :notsure:
     
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  4. warriorextreme

    warriorextreme Senior Member Senior Member

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    frakking shit man....frakking land acquisition policy....congress wants to sell this nation or what
     
  5. Param

    Param Senior Member Senior Member

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    Why can't the govt promote industries in states where there is plenty of Industrial land available? Is it necessary to forcibly acquire agricultural land in agricultural regions?
     
  6. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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    The quickest way to shore that up is to fix the trade imbalance with China.
     
  7. The Messiah

    The Messiah Bow Before Me! Elite Member

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    corruption.

    taking away agricultural land is a double negative! not only does it reduce agriculture but also increases unemployment.

    there is plenty of land which is not used for agricultural purposes and that should be used for industries.

    what is mind boggling is that if we on dfi can think so clearly then why cant those assholes sitting in govt ?
     
  8. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    You can add giving away the retail sector to this list
     
  9. no smoking

    no smoking Senior Member Senior Member

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    As my understanding, industrial land means the land not suitable for agriculture. In other words, around these lands, there are no enough human resources, water resources and infrasctructures. So, you suggestion is asking a lot highers investment to any project: because the government need to spend a lot money to prepare all the neccessary conditions before any potential investor coming.
     
  10. thakur_ritesh

    thakur_ritesh Administrator Administrator

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    I dont quite get the congress connection here, manufacturing to a great extent is connected to GST, a reform eagerly awaited by the industry and incidently it is not the congress ruled states who are opposing the implementation of it.

    About the growing gap, Armand is absolutely correct.

    Take a firm stand against the chinese and tell them in absolutely clear terms, either do as you have been told or there will be serious repercussions, next get the balance right with the countries from whom we import petroleum products, come hard on them, and this will largely mean targeting the west asians countries.

    We can address these 2, and we would have sorted out near 120(+)b usd worth of trade deficit.
     
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  11. ejazr

    ejazr Stars and Ambassadors Stars and Ambassadors

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    Well the weak rupee should help in boosting exports and also put a brake on imports.

    The other option on top of the ones mentioned above would be to pass on the costs of petrol/diesels/fertilisers reducing our oil related imports as well. But again removing subsidies is going to be unpopular. With the states getting the bulk of the taxes from it, they are going to be against it as well.

    On top of that we will have to move our export focus from the EU/US economies to latin American, Middle East and South East Asia which are fast emerging as lucrative markets. EU/US markets are saturated and growth there is going to be very slow.
     
    Last edited: Jan 17, 2012

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