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
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!
It’s crazy how Modi Govt earned a massive Rs 44k crore from Reliance and Nayara’s oil exports to Europe in the last 30 months! 🙏🙏
And this is how it played out.
..
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