Tune in to dive into the international waters of the economy as EPITOME presents your brilliant minds with a detailed analysis of how INDIA's External sector interacts with the economies all around and see how external trade recovered strongly in 2021-22 after the pandemic-induced slump of the previous year, with strong capital flows into India, leading to a rapid accumulation of foreign exchange reserves.
The resilience of India’s external sector during the current year augurs well for growth revival in the economy.
However, the downside risks of global liquidity tightening and continued volatility of global commodity prices, high freight costs, coupled with the fresh resurgence of COVID-19 with new variants may pose a challenge for India during 2022-23.
In conversation // Cheshta Bansal, Rachana Singh & Srishti Yadav
