ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Some Issues in External Sector Management

The Indian external sector has undergone radical changes post 1992. Against this background, an attempt is made to look at the role of the exchange rate, level of current account deficit, adequacy of foreign exchange reserves and capital flows, and capital account convertibility. The balance of payments in India has been managed well so far. There is a need to increase export competitiveness, which requires among other things an efficient, well-knit infrastructure. To prevent a rise in the real effective exchange rate, we should keep domestic prices stable. The surpluses in the services sector will also need nurturing.



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Updated On : 28th May, 2018

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