India’s clothes exports also feature in international news, as do the factors holding the country back. It also looks at govt's Leprosy Mukt Bharat campaign & its ambitious target of 2027.
Despite contraction in exports, India’s merchandise trade deficit improved in 2023-24, owing to steeper drop in imports. However, the trade deficit with China & Russia widened.
This comes when many global agencies have revised upwards their global growth projections for 2024, which could further boost exports. US India’s top export destination, followed by UAE.
Europe's share in Indian exports has gone up while Asia’s share is declining. The problem for India is: Europe’s economy is expected to struggle while Asia is set to drive global growth.
IMF's World Economic Outlook suggests growth slowdown in current year is concentrated in advanced economies, while emerging & developing economies are likely to lead global growth.
Two standard criticisms voiced by market-oriented commentators are that the Narendra Modi government has erred seriously in staying away from regional free trade arrangements,...
According to commerce ministry data, exports to UAE have grown at faster pace than total exports since Comprehensive Economic Partnership Agreement (CEPA) came into force on 1 May, 2022.
The sale of indigenous Advanced Towed Artillery Gun System, which is yet to be inducted into the Indian Army, is a revelation. Defence ministry mum on which country made the purchase.
Services' share in India’s GVA increased from 48% to 57% in 8 years without being the primary focus. Imagine what the sector can do if Modi govt sets its eyes on it.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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