Q What is the context ?
A There seems to be considerable optimism about India’s near-term growth prospects now that the major global energy and commodity shocks have subsided. Even if these shocks have subsided, India still faces one big problem of its large current account deficit (CAD). How will this be managed? It turns out that the answer to both questions lies in one word exports.
Q What is Current Account Deficit (CAD)?
A
Q What has been the recent trend?
A
Q What are Future projections ?
A
Q How should India respond?
A
Q How depreciating rupee could be helpful?
A
Q What can be the Way forward and Conclusion ?
A