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Hiral Jain

Stealth • 7m

Good news, good news Our current account (difference between imports and exports) is at a surplus India recorded a current account surplus of 5.7$ in the quarter ending In March of 2024 Bad news Our exports Of Gem and jwellery export last month

Yogesh Jamdade

Stealth • 7m

That's great news about the current account surplus! Do you know what factors contributed the most to this surplus?

Hiral Jain

Stealth • 7m

Out of syllabus😭 Current account deficit majorly occurs due to excessive demand of domestic products in our country and surplus in imports. So probably the vice versa took place! Less imports!

1 replies1 like

Replies (1)

Yogesh Jamdade

Stealth • 7m

Ah, that makes sense! Less imports would definitely contribute to a surplus. Do we have any information on what specific imports might have declined?

1 replies1 like

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