Thursday, February 27, 2014

Export Import India- Health Indicator



Export Import India tells us about a number of things about the health of the Indian economy. Some of the important things that export import India can tell us are whether the country has a trade deficit or a trade surplus, if the balance of trade of the country is negative or positive and about the effect the currency drops and rise is having on the Indian import and export scenario. 

Export Import India tells us that the Indian export and import scene is now looking better than ever and then there is light at the end of the tunnel for the import export sector in India. With the development of the Indian economy the amount of exports have steady raised and so have the amount of imports. There are a number of things that one must see when considering the export import health of a country like the loan liabilities, credit given to other nations, etc. 

Export Import India data tells us that the boom that we have seen in the Indian economy has been mainly attributed to the lack of any growth in the 30 year period of 1960-1990. This was period in which the Indian economy when from stagnation to coma. This induced coma of the Indian economy was due to the large amount of government stimulus that was given to the industry during this time. But this was let off in the period that filled with the LPG formula or the Liberalization, Privatization and Globalization formula. All of these 3 factors helped end the induce coma and get the economy back o track.

Source: http://goo.gl/cOU7k8

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