March 13, 2019

The gaping hole in India’s macro balance sheet

Research Director and Senior Fellow Niranjan Rajadhyaksha writes in Mint on the economic impact of commodity import prices.

 

"It is no secret that the Indian economy is hostage to the gyrations in the global commodity markets. Rising commodity prices create stress. Inflation goes up. The trade deficit widens. The rupee comes under pressure. Falling commodity prices bring relief on all three fronts."

 

Read the full article here.

Topic : Transitions / In : OP-EDS
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