India Fact Book

Social research blog on people, poverty, government, economy, social conflcits, military, terrorism and human rights issues

The Current Account Balance of India

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“A major area of vulnerability for us is the high consolidated public-debt to GDP ratio of over 70 percent … (and) consolidated fiscal deficit,” says the Governor of Reserve Bank of India (RBI), Mr. Yaga Venugopal Reddy.

According to CIA world fact book, the Current account balance of India is -37,510,000,000 (minus) while China is the wealthiest country in the world with $ 426,100,000,000 (Plus) . India listed as 182 and China as no.1 [CIA: The world fact book]

Written by Cyber Gandhi

November 1, 2009 at 5:43 am

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