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what does it mean?
India's imort exceeded export by 12 bn usd in fy 20-21.what does it mean?
OmgIndia's imort exceeded export by 12 bn usd in fy 20-21.
We had very less trade overallwhat does it mean?
Something good indeed. But may be some other unknown reason .what does it mean?
I would suggest everyone; India and India Gov; stay away from this ponzi scheme.
After registering trade surplus in quarter 1 and part 2 , I was expecting this financial year end with trade surplus. However, higher import in last few months tiltex the balance. Anyhow, as per the prediction of State Bank of India, India is all set to become trade surplus economy from current financial year. i.e from financial year 2021-22.what does it mean?
Sir is it covid thing or trade surplus in a regular basis ?will it be a more like permanent thing? of course I know with as oil dependent as we are I doubt the figure you pointed out.After registering trade surplus in quarter 1 and part 2 , I was expecting this financial year end with trade surplus. However, higher import in last few months tiltex the balance. Anyhow, as per the prediction of State Bank of India, India is all set to become trade surplus economy from current financial year. i.e from financial year 2021-22.
Its an old debate, you need to understand what is actual concern of the other side. At root level it boils down to private vs govt control (later has no skin in the game to run things efficiently). Whereas private person earning is dependent on the profits and hence efficiency. There is an incentive to make change and adopt newer tech rather than getting obsolete and running out of business. India is too socialist at the moment and its good to be encouraging private ownership. Even modi is too socialist judging by western standards, so ask him what he thinks about west running even public transport/medical facilities by private contractors. You can show him MNREGA numbers YOY expenditure growing under him. Its our gross failure to depend on govt to create jobs. If he still thinks otherwise ask him to give away his private ownership of asset and surrender it to govt which is more effective according to him.hi guys!!
I have to prepare a presentation on why modi govt is privatising PSUs (selling its stake in PSUs).
one of my friends in my class (a known congress supporter) told me that 'modi desh bech rha h'
can you please give a counter answer to the that rhetoric
and a list of loss making PSUs in India.
thanks in advance
India will be a trade surplus economic from financial year 2021 is not my prediction. It is the prediction of State Bank of India.Sir is it covid thing or trade surplus in a regular basis ?will it be a more like permanent thing? of course I know with as oil dependent as we are I doubt the figure you pointed out.
So, untill how many years or for only that particular financial year, as you said it is their prediction.India will be a trade surplus economic from financial year 2021 is not my prediction. It is the prediction of State Bank of India.