![]() Trade deficit with all the other six countries is widening over the period, underlining that India’s market penetration has remained narrow so far.īorrowing Base Deficit means, at any time of determination, the amount, if any, by which (a) the Aggregate Capital at such time, exceeds (b) the Borrowing Base at such time.Īdjusted Capital Account Deficit means, with respect to any Member, the deficit balance, if any, in such Member’s Capital Account as of the end of the relevant Fiscal Year, after giving effect to the following adjustments: Trade deficit in terms of percent share of GDP widened from 14.7% to 21.6% to 33% in 2014, 20, respectively (MPIC, 2021). Trade deficit, which has been increasing continuously over the years, was $506.74 million in 1994– 1995. Trade deficit During the period 1981-1988, the value of total imports more than doubled, from $17.2 million to $44.3 million. Trade deficit that was $2 billion or 3.4 percent of GDP in 1999/2000 came down to only $ 400 million or 0.6 percent of GDP in 2004/05. Trade deficit was $506.74 million in 1994-95, which has been increasing continuously. Monetary policy, Fiscal policy, Balance of payment of India Trade deficit and remedies. ![]() Trade deficit as a proportion of GDP, which had actually declined from 3.0 per cent in 1990-91 to 2.1 per cent in 2002-03, widened to 4.9 per cent in 2004-05 and further to 6.4 per cent in 2005-06. This allows us to compare the different tenders and to value the works accurately throughout the construction period. Trade deficit in India ballooned from 2.3 per cent of GDP in 2003-04, when oil prices began their initial climb, to 4.9 per cent in 2004-05 and further 6.4 per cent in 2005-06.
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