{"id":86576,"date":"2020-07-08T12:27:18","date_gmt":"2020-07-08T06:57:18","guid":{"rendered":"https:\/\/factly.forumias.com\/?p=16273"},"modified":"2020-07-08T12:27:18","modified_gmt":"2020-07-08T06:57:18","slug":"why-indias-trade-surplus-is-a-warning-signal","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/why-indias-trade-surplus-is-a-warning-signal\/","title":{"rendered":"Why India\u2019s trade surplus is a warning signal"},"content":{"rendered":"\n<p><strong>News: <\/strong>Reserve Bank of India(RBI) has released the data on India\u2019s balance of payments (BoP) for Q4 of January-March 2019-20.<\/p>\n\n\n\n<p><strong>Facts:<\/strong><\/p>\n\n\n\n<p><strong>Key Takeaways:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Current account Surplus: <\/strong>India has managed a small current account surplus of US$ 0.6 billion (0.1%:of GDP) in Q4 of 2019-20<\/li><li><strong>Reason: <\/strong>The surplus in the current account is largely driven by a lower trade deficit as there was a sharp decline in imports led by gold, petroleum goods, coal, electronics and machineries<\/li><li><strong>Significance: <\/strong>This is a rare occurrence because since 1976-77, there has not been a single year when India did not incur a substantial merchandise trade deficit.<\/li><li><strong>Concerns: <\/strong>This is a warning sign for the Indian economy as the decline in imports especially in merchandise goods points towards a contraction of demand in the real economy.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: Reserve Bank of India(RBI) has released the data on India\u2019s balance of payments (BoP) for Q4 of January-March 2019-20. Facts: Key Takeaways: Current account Surplus: India has managed a small current account surplus of US$ 0.6 billion (0.1%:of GDP) in Q4 of 2019-20 Reason: The surplus in the current account is largely driven by&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/why-indias-trade-surplus-is-a-warning-signal\/\">Continue reading <span class=\"screen-reader-text\">Why India\u2019s trade surplus is a warning signal<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[4138],"class_list":["post-86576","post","type-post","status-publish","format-standard","hentry","category-economy","tag-trade-surplus","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704949218},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86576"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86576\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}