Monday, April 1, 2013

High CAD points at India's waning competitive skill: Gokarn

.........."There is something fundamentally wrong with the competitiveness situation. If the trade gap is close to USD 60 billion, over 12 percent of gross domestic product (GDP), suggesting that we are not able to sell to the rest of the world effectively and we are increasingly dependent on rest of the world for our domestic consumption,"...........

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