What explains the persistence of India’s merchandise trade deficit despite growth in exports? Analyse the structural factors involved. Suggest corrective measures.
Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Q6. What explains the persistence of India’s merchandise trade deficit despite growth in exports? Analyse the structural factors involved. Suggest corrective measures. (15 M) Difficulty Level: Medium Reference: IE Why the question India’s rising exports alongside a persistent merchandise trade …








