Read the first chapter of ES.It is an introduction, overview and further prospects of Indian economy in a nutshell. Often, I found my comprehension disturbed due to foreign words and attention deficiency, but I kept reading at a faster pace.
Interesting to know that India has a external debt of 390 billion USD.Of which around 78% is pvt sector debt and rest Govt.What I fail to understand is that, India has 300 billion USD forex reserve why is it not paying off its debts??
Further It has spoken about reviving the Industries by bringing in more investment.Importance of having more productivity in Agriculture & of having a good savings culture.
Current account deficit has increased is a cause of concern and the need to transfer the burgeoning fuel bill to the consumers, which would entail them knowing the scarcity of the fuel.
Need to be more attentive while reading and further has to retain more.
Interesting to know that India has a external debt of 390 billion USD.Of which around 78% is pvt sector debt and rest Govt.What I fail to understand is that, India has 300 billion USD forex reserve why is it not paying off its debts??
Further It has spoken about reviving the Industries by bringing in more investment.Importance of having more productivity in Agriculture & of having a good savings culture.
Current account deficit has increased is a cause of concern and the need to transfer the burgeoning fuel bill to the consumers, which would entail them knowing the scarcity of the fuel.
Need to be more attentive while reading and further has to retain more.
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