It is imperative that the Indian economy strives to achieve a structural transformation of industry by building up the capital goods industry base and acquiring the technological competence to boost the share of high-tech goods in merchandise exports. In the long run, this is the only sustainable way of achieving a trade surplus. This alone will lend strength and stability to the rupee. epw.in/commentary/why-does-indias-economic-growth-process-falter.html
Posted on: Sat, 15 Feb 2014 15:50:01 +0000
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