India's trade deficit to reach 175 billion$

[sehwag1830]

domain-b.com : India's April-December trade deficit zooms to $133.3 billion

We are fu**ed.
Enjoy doing more call center work and don't manufacture anything

 

[utubekhiladi]

Y U NO stop electing congress

 

[warriorextreme]

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

 

[Param]

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

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?

 

[Armand2REP]

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

 

[The Messiah]

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?

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 ?

 

[LETHALFORCE]

You can add giving away the retail sector to this list

 

[no smoking]

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?

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.

 

[thakur_ritesh]

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.

 

[ejazr]

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.