Unsustainable Current Account Deficit
08
Jul
Unsustainable Current Account Deficit Subject :Economy Section :External Sector Why in the news? The Current Account Deficit is at an unsustainable level and the RBI’s measures are expected to work merely as short-term fixes. Details: The BoP data for 2021-22 recorded CAD at $38.9 billion (or 1.2 percent of GDP) and with the […]